Gold resistance for next coming week around 946-955 level,smaller resistance is 943 level.
My view is keeping to sell gold around small resistance for big target 886-890 level in next week.I'm only stay out when gold can break higher 960 level.
Some target for your short postion like this: 925-919-915-905-896 then 890 or lower at 986.Target for midterm before November around 845 then 803 level again.We can set up the porfolio to buy gold near the end of this year for target in 2010 higher 1030 usd/ounce again.
After the economy recession is the bubble inflation so gold is the good chance for us to hedge or make money more safer after the recession.
Happy weekend.
Posts
