gold rate forecast 8th june 2012
Gold cracked hard last night .. more than 50$ drop in some hours only… now trading at 1572$ nearest support at 1565$ major support 1550$ if 1565$ breaks and sustain below this level than 1560-55 are on the way.
a good resistance now at 1592$ if this resistance click and gold hold this level for some minutes with volume than 1600-1610$ range can be tested.
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