Gold Fut shoot above $ 1000 and touched an intraday high of $1006.45. Fears of Global stock banks & economy falling investors turned assets such as gold that tend to hold their value in times of economic stress as persistent worries about failing banks and a global recession slammed equity markets in Asia, Europe and the United States.
Few days before in my last post had mentioned about the Gold fut formed "Inverted Head & Shoulder Formation' on day and was lookign strong. The view still remains intact. Major resistance $ 1028 - $ 1054.
Few days before in my last post had mentioned about the Gold fut formed "Inverted Head & Shoulder Formation' on day and was lookign strong. The view still remains intact. Major resistance $ 1028 - $ 1054.