Gold Dip and rebound
Last Friday Gold dropped $10 from record high $597 to $587.
When people start to worry about a big adjustment is coming, the price climbs back steadily during Asian market session, and to its highest point today at the US market session, spotting $598.
The uptrend of Gold can hardly be changed, as a bull run of Gold usually last for 15 years. The gold surge starts at 2000.(see gold history chart) So Im still optimistic to see Gold reaching $650 this year. Ultimate target is to reach the all time history record $850.
When people start to worry about a big adjustment is coming, the price climbs back steadily during Asian market session, and to its highest point today at the US market session, spotting $598.
The uptrend of Gold can hardly be changed, as a bull run of Gold usually last for 15 years. The gold surge starts at 2000.(see gold history chart) So Im still optimistic to see Gold reaching $650 this year. Ultimate target is to reach the all time history record $850.
posted by SSY | 11:06 AM
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