NTGOLD - NEWS

GOLD (SPOT) INTRADAY: THE DOWNSIDE PREVAILS.

2011-12-29 15:44:12

GOLD (SPOT) INTRADAY: THE DOWNSIDE PREVAILS.

Pivot: 1583.00

Most Likely Scenario: SHORT positions below 1583 with 1532 & 1510 as next targets.

Alternative scenario: The upside penetration of 1583 will call for a rebound towards 1592 & 1600.

Comment: The immediate trend remains down and the momentum is strong.

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TIME
Sydney	Tokyo	Ha Noi	HongKong	LonDon	NewYork

Gold Price at ABCBULLION Foreign exchange rates at CommonWealth Bank Foreign exchange rates at ANZ Bank

Prices By NTGOLD
We Sell	We Buy
37.5g ABC Luong Bar
6,382.50	5,892.50
1oz ABC Bullion Cast Bar
5,313.50	4,833.50
100g ABC Bullion Bar
17,004.50	15,509.50
1kg ABC Bullion Silver
1,790.80	1,415.80