Tuesday, July 22, 2008

Gold prices to be in retracement and consolidation mode

Gold prices retrace a little after four straight days of upswing. Gold prices to be in retracement and consolidation mode. Prices trading along the immediate up-trend line, as long as the up-trend line do not violated and the gap between 942-948 remained unfilled, chances to re-challenge the 1,000 mark still there.