Market remains Still for Gold.
7 Comments for:
POST AND VIEW COMMENTS
Market remains Still for Gold.
Trading in Between 568 - 572.
Market is awaiting for the Indicator to be released at 12:30 GMT
| 20-Jun-2006 | 12:30 | Housing Starts (US) | may | 1870K | 1849K |
| 20-Jun-2006 | 12:30 | Building Permits (US) | May | 1961K | 1984K |
| 20-Jun-2006 | 21:00 | ABC Consumer Confidence (US) | Jun 19 | -15 |
We Bought in our Position at 565
And Sold off at 571 level
We had a Feeling today Asia Market will increase the price. As usual.
Snap Shot:
Await for the Indicators to be Released, and then Enter the Position
We are Analyzing the Market
However Dollar still remains Strong currently
Looks like Same thing happening Like Last week, Lets watch and see.
More Analysis will be given in few minutes.
You can Start your discussion over this Topic.
posted by GoldTrade @ 3:12 AM
7 comments
7 Comments:
We feel gold will go Down Back to 550 Level.
You are true, gold is awaiting for the Market data. I feel myself gold to take a Little dip and then resume Back up.
We have seen mostly Europe and USA markets have usually made the price down, So we shall see same thing today as well.
If anyone has any new updates please let us all know
haha Market is still at the same level.
dont know what to do right now
Gold Trade can you give some advice please.
Jacob,
I would Ask you to Wait for the Data to come.
Market is Currently Awaiting for the Economic Indicator - Mostly for the Housing Starts.
Right now its a Mixed reaction, But it looks like Gold will take a Little dip
Reasons:-
Dollar is Strong
Gold is right now around Over Bought Territory
Crude Oil is Little Down too
I shall See little dip.
Rgds
Owais (GoldTrade)
As I mentioned Jacob,
Gold will take little dip
Its Going little down right now.
We shall see it go a little more down now.
If People Remember, I mentioned Earlier, Gold will play in its range
540 - 585.
After the Fed rate is done, then the Next range will be established.
So its kind of better to play in this range for time being.
Dear Dj,
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