Friday, September 4, 2009

GOLD FORECAST

H4 GRAPH

The market is testing the level 977.
If the gold manages to close the current trading session above that level,
it will get to resistance 988. Otherwise, if it fails closing the session above 977
and goes below level 972 in the following session, a probability of drop to level
964 will emerge. If the gold then will get under 964, it will set its dropping target
to level 950, and further to 937.





























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