Rollercoaster continues - Gold climbing up the mountain again

After the big sell-off of commodity gold last nite, gold has found a support at $610 and started to recover some of its loss today during the US market session.

Last nite Gold drop from record high $641 to $608. As of today spot gold determined a gain of $23 from its lowest, now trading at $631.

When investors has finished a short term profit taking, gold is expected to pick up the rising trend again. The major supporting factors for high gold price has never changed:
- afraid of war
- high demand
- weak US dollars
All factors still exist and help gold price being unstoppable.