daily gold price forecast 8th may 2012
Gold crashed badly … we were kinda expecting that but as i am on holidays so could not update on time, and i wont update regularly till next week.
Now gold trading at 1603$ a cool resistance at 1616$ if this resistance breaks than some shine possible in gold till 1626-1633$ if sustain 1633$ than expect big.
a good support at 1595$ if this support breaks and it remain below this level than 1590-1580
Dont forget to read weekly gold levels so you can get broader view
