Monday, April 15, 2013

Gold price sinking

Last week Gold opens around 1580, and closed at 1480.

It has been down by 5% this morning, Gold is under pressure, trading lower and just broke below $1400.

We foresee Gold price to continue falling sharply lower.
I has just break below a very strong support line and we reckon Gold to plunge towards 1350, then to 1320..

 

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