Gold Forecast Nov. 24th, 2011, Technical Analysis

The gold markets hardly moved during the Wednesday session as traders are gearing up for the extended Thanksgiving holiday in America. The markets are at a support area, so we are keen to buy at this point, and shun selling. However, we don’t expect much in the way of movement until Monday comes as most professionals are taking a 4 day weekend at this point. The problems in the EU and the debt in America should continue to put a floor in this market and supply plenty of bidding going forward.

Gold Forecast Nov. 24th, 2011, Technical Analysis gold Forecast Nov. 24th, 2011, Technical Analysis

 

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