Monday, May 02, 2011

GOLD CAN RETRACE BACK TO $1455

GOLD MADE A HIGH OF $1577. WE NOW THINK SINCE SILVER IS DUE FOR CORRECTION, AND GOLD IS ALSO LOOKING OVER BOUGHT THEREFORE IT CAN ALSO RETRACE BACK TO $1502, $1479 AND $1455 WITH A STOPLOSS OF $1596.

1ST BINGO! GOLD REACHED OUR THIRD TARGET OF $1572

ON 24.04.11 WE RECOMMENDED THAT IF GOLD CLOSES ABOVE $1512 ON THREE CONSECUTIVE DAYS THEN OUR NEXT TARGETS R $1538, $1553, $1572 AND $1596. OUR THIRD TARGET OF $1572 ACHIEVED. BINGO! GOLD MADE A HIGH OF $1582 TODAY.