Gold trend price analysis – makes a trading cycle rally high on Apr 26th 2009

Posted by Gold Trading on Apr 28th, 2009 and filed under Gold, Gold Trading. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

Our Gold trend analysis were clearly indiciating gold prices making a trading cycle high, which we are right on target, gold having topped on 26th Apr and had earlier suggested positon traders to exit their long open positions. Active traders can sell short with suitable stop loss lasting for about 2 weeks around 10th May.

Below Gold chart below cleary shows the peices have topped out the the likely gold price forecast for the coming weeks.