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Gold started well in the start of month of june , touched a high of $990 / oz , it tried to stay at levels above $980 lot of selling at higher levels pushed the prices down.

It started to slide more quicker and in a day it had movement of $980 to $955 a huge sell off, continuing with the downward movement gold made a low today of $913.50 this is the lowest gold price this month.

Gold charts has formed a steap mountain going upward initially this month and coming down sharply. About 7 days left for the month will watch out the closing of gold price for this month. Traders should wait for the right time to enter to purchase gold.

Published under Gold trading.

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One Comment to "A sharp mountain topography for gold for month of june"

#1Party Time » Blog Archive » Trade Huge » a Sharp Mountain Topography For Gold For Month of June(Jun 29th, 2009 at 10:18 pm )

[...] Gold charts has formed a steap mountain going upward initially this month and coming down sharply. About 7 days left for the month will watch out the closing of gold price for this month. Traders should wait for the right time to enter …More [...]

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