Tuesday, March 10, 2009

Possible Last Down Day For The Gold Price

Tuesday's down day in the gold price may be its last for a short term.

The amazing US dollar:

The gold price hit both its uptrend line and the bottom of a resistance level. It probably will now try and get back to the $1,000 level. Whether it makes it up through $1,000 on the second attempt remains to be seen. It might take 3 tries.

No comments: