Saturday, 2 April 2011

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Gold Long Term Forecast for the Week of April 4, 2011

  • Saturday, 2 April 2011
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  • Gold continues to find support at the $1,410 level, which could very well be the floor for this market now. Because of this, only longs are considered, and a break of $1,450 would confirm this. A measure of the recent consolidation has gold moving towards $1,500 if and when we break free and move to the upside. Shorts are not recommended. (Source: http://ping.fm/6QDGK



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