Posted by: Babu Suresh | February 26, 2009

Spot Gold & Silver – 26th Feb.09

Spot Gold 1H ChartsSpot_Gold_1H_Chart_260209

Folks, the inevitable is happening, call it a technical correction, contract expiry or improved or improving sentiment in the stock market.

Spot Gold has withstood her support at $931 but has all the possibilities to test $917, failing which I would be prepared for $885.

Spot Silver 1H ChartSpot_Silver_1H_Chart_260209s

Spot Silver as usual takes precedence when it comes to correction, needless to say without any mercy.

She has all the chances to test $12.82 & $12.76, before attempting any reasonable stability in her moves.

Healthy And Wealthy Trading

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