Markets in the US and UK were shut yesterday for national holidays limiting the usual guidance for gold trading. So the yellow metal held steady supported especially by the news of North Korea conducting a second nuclear test although investors' rush to safe havens was limited. Before the nuclear test news, gold trended lower possibly due to some profit taking. Overall gold finished 1 dollar down closing at $956.05/oz.
The short and long term trends are bullish while medium term trend is sideways.
Support: $951.60 (yesterday's low)
Resistance: $967.00 (high of 20/03/09)
Support: $946.05 (low of 20/03/09)
Resistance: $962.50 (high of 19/03/09)
Support: $935.55 (low of 21/05/09)
Resistance: $959.80 (yesterday's high)
9 day moving average - $14.294
14 day moving average - $14.185
40 day moving average - $13.148
Passionate and light sensual kiss all over you
11 years ago
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