This week's GOLD forecast is indicating DOWN pressure until 28th Jul'10 and 28th should present a good short term Buying opportunity for very good gains.. Although chart shows sell again on 29th Jul, but I would watch and may even wait till 30th Jul to see the force behind the UP move.
GOLD has already moved lower since the beginning of the week as was forecasted and we are experiencing the small bounce again as expected. Now the forecast is expecting a retrace from Wednesday's high into Thursday and then good move UP from Thursday lows to Friday.
“Sahaja Yoga Meditation sparks an awakening, which is the root of our existence and well-being.” –Shri Mataji Nirmala Devi, founder of Sahaja Yoga Meditation
I am a seeker of Divine Love and Cycle research is my passion. My research is mostly astro oriented. I am of firm belief that there are natural factors which effect the nations, individuals, commodities price movement and ultimately markets.