Iomega Corporation

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Thursday, March 01, 2007

Gold Talk - Whats Happening?

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We expect there should be a dip in Gold, Technically it doesnt looks correct to us.

If you have good Potential to hold. OK
If you dont, You better rethink about your positions.

Cause we do think a Slight Dip to come, Last 2 days there have been Selling going on in the market.
648-651 is the target We are currently looking a Very Solid Support.

There was heavy selling on 27th Feb - which destroyed the Technical Picture.

In our view 648-651 looks good a Solid Support.
And where Most traders are looking to buy at.
Cause to cross $700, a Heavy force, a Solid Technical Picture should emerge.

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