This blog is meant for ideas on Stocks, commodity & Forex trading. It emphasizes on importance of Technical Analysis using Swing & Candlestick Patterns. Also covers articles on Insurance, Loans & Mortage to complete the entire Financial Basket.
Friday, March 20, 2009
Gold : Trend Line Channel
Trend Line was broken intra day basis, but Bullion finally closed above the trend line & yet another time , trend line has saved the bulls.
Gold is moving in a channel & likely to meet the upper band around $980, currently trading at $ 952+.
Readers can draw their own conclusion about the promise and potential.
Please go through Disclaimer on this blog.
Disclosure: I may have position in above said stocks/ Commodity for myself/ family members / friends.
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