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Thursday, July 27, 2006

Gold Aims to pass 1 Hour - 200 MA

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Gold Aims to Pass 1 Hour - 200 Moving Average, Passing that shall give further Signs of a Bullish Upwards.
Previous Actions can be Seen on the chart, as earlier gold was trying to pass this level, but couldnt suceed.

However, Gold is still in the range of Resistance level.
Technically Prespective, Gold shall take a Dip, However, todays Main Data, shall alert further signs.

We remain gold to play in Ranges. 600 (Physcological Level) - 640/5 (Big Resistance Level) before August meeting

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