Gold Price Review

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

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Location: Hong Kong
   

Monday, February 13, 2006

Gold undergoing adjustment before another bull run

Gold is trading at $545-$555 range today.
Gold market starts at a low $545 today, once it tried to climbed over 550, but it cannot stand over it and drops back to the beginning.
China Gold related stocks suffers, 2899, 3330 boths drops by over 4%.
When will it pick up the bull again ? I guess it will take at current range for some more days because of TA overbought. Once the adjustment is finished, another surge will surely begin and Gold will test the $600 mark in a short while.
Stay close to gold price. Visit the real time gold quote page here.

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