Thursday, February 21, 2013

Gold Updates For Today

Gold Updates:
Gold tumbled yesterday to its lowest price since July after minutes of the Federal Reserve's meeting last month showed the U.S. central bank may have to slow or stop buying assets before a pick-up in the job market. Gold prices fell after Fed minutes indicated that they would slow down with their or stop with their asset buying program well before the job market improves. Gold Apr has a first resistance at 29400 and next on 29250 level and on upside gold has first support at 29600 and after that 29850 would be another one. the latest trend suggest a Bearish trend.

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