Monday, June 22, 2009

Gold Moving To Southwards Trend

As per we all saw that, Gold Made a high of $990 in beginning of June Month & Continuously corrected to $927 as on 17 Jun 2009. According to my trends theory, If Gold unable to break $940-960 levels, then we for see Gold prices in Comex , Nymex trades at $900-860-820-760 & In Mcx Trades at 13500 – 12800 – 12000 – 11000 in next three months. After June wedding reason is over in India for next three month .But in September jewellery Wholesalers & retailers can add more Gold in their inventory in down prices for their year end festival sales.

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