Wednesday, April 20, 2011

Gold Technical Analysis Wednesday April 20, 2011


By Commoditiesmansion.com – Commodities forecast: Technical analysis for gold using graphs and indicators Wednesday – April 20, 2011.
Let’s watch the video forecast.


Gold finally hit the $1,500 level today, and then fell back as traders took profits at the all-important psychological level. The day’s candle formed a doji, which shows we may have a pullback in the making. However, this will simply be a buying opportunity – just like all pullbacks for the last 10 years or so.

No comments:

Post a Comment

Related Posts Plugin for WordPress, Blogger...