Oil is currently dropping quite rapidly - $75.50 now. How do you see this affecting the gold price and any movement today? Surely with Oil going down, gold will follow?
Yes, There is a Connection of it as well Crude Oil is correcting today after last week Push Same as Gold and Silver This correction, will now give healthy push to Gold and Silver.
Gold Came back to 648 where it had good Support and shall sky rising from here. We will present charting a bit later, as charting presentation takes a little time, But once we present it, you will get a Clear Picture.
2 Comments:
Oil is currently dropping quite rapidly - $75.50 now.
How do you see this affecting the gold price and any movement today?
Surely with Oil going down, gold will follow?
Yes,
There is a Connection of it as well
Crude Oil is correcting today after last week Push
Same as Gold and Silver
This correction, will now give healthy push to Gold and Silver.
Gold Came back to 648 where it had good Support
and shall sky rising from here.
We will present charting a bit later, as charting presentation takes a little time, But once we present it, you will get a Clear Picture.
And we shall do it in few minutes
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