Remember the LORD for it is he who gives you the ability to produce wealth and so confirms his covenant... Deut. 8:18

Tuesday, April 24, 2012

Aud and Gold regained intraday loss

Aussie dollar plunged from 1.032 to a low of 1.025 US dollar at Tuesday morning.
By evening it has rebounded  to 1.032 so I closed some position and took profit at 1.0315
Immediate resistance 1.035
Xau dived from 1643 to 1623 at lower band of a descending channel during day session but has since regained its position.
Immediate resistance 1658, 1665

1 comment: said...

Love Gold, its a long-term hold beyond any doubt.
real asset investment