Gold Price Review

Reviews on spot gold prices, gold stocks & futures, related news and Technical analysis.

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Location: Hong Kong
   

Tuesday, February 07, 2006

gold price

oh my god.... gold price drop by US$20 in a single day.
my gold stock (2899) immediately lost 8% day, and touch my cut profit point... I didn't cut profit, as it rebounce immediately afterwards.
I hope spot gold can pick up the rally again and test US $600 in the short run. I still have full confidence that US dollar will be weak, and Gold will benefit from weak dollar and strong demand. Someone is seeing Gold heading to $1000 !! You can view his reasons in the article.
Good luck Gold ! And always be strong !

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