Monday, August 11, 2008

Is GOLD a Safe Haven? - Part 2

Is Gold a Safe Haven? What is the outlook for Gold?

August 2008 Forecast

Technical Analysis: Gold is in a bull market, currently under correction. Might drop further, support 800, 750, 680. Buy weakness for continued uptrend, target USD1300 end 2008.

Fengshui : Likely to gain strength since August is the Yang Metal Monkey month, metal element is strong.

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