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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