Friday, August 19, 2011

Gold Forecast of 8-16-11 Update


Gold Forecast of 8-16-11 Update
I commence with my gratitude to The Creator

Gold has reversed from the strong resistance $1,872 area, as previously predicted.

As a matter of fact all predicted price levels were the only levels which offered  resistance. (and support).

Gold was trading at $1785, when I said, that once it found its support there, it shall be eclipsing the recent highs of $1810 area and shall go higher. I had given out the price levels in another forecast.

1 comment:

Richard said...

Great call as usual!
Would you be open to share with us where you see the next resistance for Gold?

Thanks, gis