Posted by: Babu Suresh | February 5, 2009

Spot Gold & Silver – 5th Feb.09

Spot Gold 1H & Silver 30Min. ChartSpot_Gold_Silver_Chartss

Spot Gold regained momentum with my previous support at $891 (Refer 2nd Feb.09 posting). With $931 posing strong resistance, failing to hold at that level, I expect steep correction. My supports remain at $887 & $871

Spot Silver has a nearby support at $12.85. With various positive reports emerging on silver, long term views look bright.

Healthy And Wealthy Trading

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