Intraday Market Thoughts

Archived IMT (2009.04.23)

by Ashraf Laidi
Apr 23, 2009 17:01

Gold and silver post their biggest gains since the Feds Mar 18 decision to buy long term bonds reaching $906 and $12.79. Golds 55-day MA coincides with the $920 target, while silver eyes its 55-day MA at $13.07, coinciding with its 4-mth trend line resistance. Daily oscillators favouring more silver upside than gold.


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