NTGOLD - NEWS

GOLD (Spot) intraday: the downside prevails.

2012-02-07 19:57:52

GOLD (Spot) intraday: the downside prevails.

Pivot: 1738.00

Most Likely Scenario: SHORT positions below 1738 with 1713 & 1703 in sight.

Alternative scenario: The upside penetration of 1738 will call for a rebound towards 1744 & 1752.

Comment: as long as 1738 is resistance, look for choppy price action with a bearish bias.

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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
6,314.80	5,824.80
1oz ABC Bullion Cast Bar
5,264.20	4,794.20
100g ABC Bullion Bar
16,724.10	15,229.10
1kg ABC Bullion Silver
1,815.90	1,440.90