Thursday, April 14, 2011

Gold maybe in final correction before going up again


Gold maybe in final correction before going up again. The target this time is 1500 at the minimum. Gold had been retracing after hitting the trendline resistance. Price rebound from the 100MA and now testing the 21MA. 


Gold price in daily show a minor bullish candle. Gold still got a lot of room to go up. Targetting price above 1500.



By The Backyard Burner

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Fear of failure

Fear of failure