Sunday, 22 May 2011
0
Gold Technical Analysis for May 23, 2011
The gold markets had an extremely bullish day on Friday, and have confirmed the $1,480-$1,500 support level. As the trend is up, we are only buying or flat in this market. It appears that Friday shows that the market is ready to rise again. The market was up $22 an ounce towards the closing, showing real strength and conviction in the gold markets.
Source: http://www.commoditiesmansion.com/technical-analysis/gold-technical-analysis-for-may-23-2011/
This post was written by: HaMienHoang (admin)
Click on PayPal buttons below to donate money to HaMienHoang:
Follow HaMienHoang on Twitter
Subscribe to:
Post Comments (Atom)
0 Responses to “Gold Technical Analysis for May 23, 2011”
Post a Comment