collected by :kiven Dixter
Gold prices continued to trade among the 1260 & 1290 region, as it has been doing for multi weeks this day & we Uncertainty whether this would be changing anytime in the short term. We have the FOMC meeting minutes later in the day which can bring in some volatility in the gold prices however it remembers to be seen whether which would be sufficient for the prices to break out of the range which we have been seeing over the final few weeks. As expected, the oil prices have begun to move higher as the prices bullet out of the $57 zone & still to move higher as of this writing. We still to believe which the prices are moving towards the $60 zone in the short term. The silver prices too remember range bound & are likely to remember very for the short term as it follows the footsteps of gold as far as the prices are concerned.
Gold prices continued to trade among the 1260 & 1290 region, as it has been doing for multi weeks this day & we Uncertainty whether this would be changing anytime in the short term. We have the FOMC meeting minutes later in the day which can bring in some volatility in the gold prices however it remembers to be seen whether which would be sufficient for the prices to break out of the range which we have been seeing over the final few weeks. As expected, the oil prices have begun to move higher as the prices bullet out of the $57 zone & still to move higher as of this writing. We still to believe which the prices are moving towards the $60 zone in the short term. The silver prices too remember range bound & are likely to remember very for the short term as it follows the footsteps of gold as far as the prices are concerned.
Gold Prices Rally As unite states $ Index Slumps
Gold bulls' following upside near-term value breakout objective Information Systems to Production a lock above solid technical resistance at $1,300.00. Bears' following near-term downside value breakout objective Information Systems pushing prices below solid technical backing at the October low of $1,262.80. Silver bulls' following upside value breakout objective Information Systems closing prices above solid technical resistance at $17.50 an ounce. Copper bulls' following upside value objective Information Systems pushing & closing prices above solid technical resistance at the September high of 317.85 cents. The following downside value objective for the bears Information Systems closing prices below solid technical backing at 300.00 cents.
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