Thursday, May 31, 2012
We will see how much time the 1500 level can resist.
That´s the level that decide the Future of GOLD.
At least we see Gold Prices above 1800 i will think there are more chances to see lower prices for gold. It can go to 1200 with a stop in the 1300 Level.
I´m more Bearish than Bullish in Gold but i suggest not to take any position until we see the 1800 o prices underneath 1500.
At the end the market will decide the future .......... and we have just to follow.
"The trend is your friend"
Posted by Sergio at 6:45 PM