Gold Near Records

Aden Forecast (06/30/2010)
"Gold is holding strong. It's clearly going its own way, ignoring the other markets. Gold remains very strong above $1,235. And by holding above this level, we're still looking at $1,300 as its next upside target.

Gold is taking silver along for the ride. It too is strong but it would be super bullish by rising and staying above $19.66 and then $20.80. Gold shares are similar. While not as strong as gold, they're firm and holding up well. Again, that'll continue as long as the HUI gold share index stays above 470. Palladium and platinum remain bullish but they're not as strong as the others."

 PRINT THIS PAGE   EMAIL THIS PAGE

Under SEC rules, analysts are required to disclose their interest in securities that they cover. We strongly encourage you to contact them to understand any potential conflicts of interest they may have.

Related Quotes: