Sell gold today for good profit making

Tuesday, March 3, 2009

Yesterday the gold price declined below 930 dollars per ounce. Decline in prices of gold below major psychological level 930 dollars per ounce confirms the gold market is going down to 890 levels in this trend. However, it will remain at support level of 912 dollars per ounce for few days. The gold price might go to higher levels before gold price finally meeting the 890 dollars per ounce.

Next target for gold: 912 dollars per ounce.
Today's gold price goes between 932 dollars per ounce to 905 dollars per ounce.
Trend for gold is Strongly down for some more days until it reaches 890 dollars per ounce.