NTGOLD - NEWS

GOLD (SPOT) INTRADAY: BULLISH BIAS ABOVE 1655

2012-01-20 11:02:10

GOLD (SPOT) INTRADAY: BULLISH BIAS ABOVE 1655

Pivot: 1655.00

Most Likely Scenario: LONG positions above 1655 with 1670 & 1680 in sight.

Alternative scenario: The downside penetration of 1655 will call for a slide towards 1648 & 1639.

Comment: the price is challenging a significant resistance area around 1670. A break above 1670 would be key signal for further gains.

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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
6,477.40	5,892.40
1oz ABC Bullion Cast Bar
5,394.20	4,844.20
100g ABC Bullion Bar
17,122.80	15,522.80
1kg ABC Bullion Silver
1,828.50	1,453.50