Sell gold today for making handsome profit

Monday, March 9, 2009

Friday's gold forecast was absolutely correct. Today the forecast for gold is to move lower. The gold is expected to go lower to meet 912 dollars per ounce gold. Sell the gold and book the profit. Prices will bounce off the 942 dollars per ounce gold. If price stabilizes above 942 dollars per ounce gold, for next few days, the price of gold will reach 962 dollars per ounce gold. Anyway, price will fall eventually. Its a pretty good sell gold market.

Next target for gold is 912 dollars per ounce gold.
Today's oscillation 945 dollars per ounce gold to 910 dollars per ounce gold.

The price will not go uptrend until we get the enough volume and clear indication from ichimoku and MACD indicators. See the money flow index and bollinger bands indicators to find out the actual trends.