Spot Gold Price Forecast Round-up

Source: www.Money-Tigers.com

Spot Gold Price Forecast Round-up

COMMENTARY: Friday, August 27, 20:28 PST

Spot Gold price rates maintained their sideways range and stayed within the parameters I set in my last post and shown on the 24 hour spot gold price chart below.

spot-gold-price-predictions-Friday-8-26-10

spot-gold-price-predictions-Friday-8-26-10

As no new significant buying or selling took place on Friday, I’ll hold these upper (green line on chart) and lower (red line on chart) price zones (for now) as the breakout price points for spot gold.

We’ll take a look at the Value of Gold relative to some other major markets later this weekend.

This can help us to have some reality-based perspective on the real value of certain markets relative to the value of Gold.

This will also show us where the real money-flow is headed without the disguise of currency and market price manipulation.

Have a relaxing weekend all. – George

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Tags: WD Gann, stock market prediction, gold traders
The Excalibur Method, gold price predictions, timing the markets, money tigers, trading education, gold price charts, e mini trading, technical analysis

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A reminder: These posts are for educational purposes only concerning my own private methods of analysis and are not recommendations or advice to buy or sell or to really do anything except to observe, along with me the rhythm of market price movements and try to align ourselves with them.