Wednesday, April 6, 2011

XAU - GOLD Break High "World Record"

XAU - "Gold lifted by rising inflation expectations amid strong economy and high oil prices. On the other hand, the increase in ECB interest rates helped push the dollar," said Bart Melek, strategic head of commodities at TD Bank Financial Group. Approximate prices today tend to seek support at level USD $ 1438.33 and resistance at level USD $ 1,465.53

Today is Wednesday, 6 - 04-2011 Gold opened at level 1456.07

Resistance 3: 1492.73
Resistance 2: 1474.96
Resistance 1: 1465.53

Pivot Point: 1447.76

Support 1: 1438.33
Support 2: 1420.56
Support 3: 1411.13

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