Posted by: Babu Suresh | March 5, 2009



After momentarily breaching $900 twice since last night, Spot Gold today firmly breached $920 and is heading towards her nearest resistance at $935. With all the conditions looking to be in favour of Gold, I have little doubt unless, some dramatic events occur before we retire for the weekend, she has all the possibilities to breach her nearest resistance while $921 once again giving her strong support.


Spot Silver after breaking her only resistance $12.85, all set to breach $13.23 and $13.36. However, I would expect some profit booking before next rally begins.

Healthy And Wealthy Trading



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