Gold is getting good support at current levels and is holding above the lows of last week.
More Quotes from James Moore:
Offers have emerged overnight with gold so far matching yesterday's low but with early closes in London and New York today and both markets shut tomorrow for Good Friday, traders are going to be reluctant to go home short given the heightened geopolitical climate.James Moore
The absence of chart resistance points and persistent investorfund demand leaves platinum with plenty of scope for gains in the coming sessions.
James Moore
The absence of upside momentum suggests a period of consolidation may be necessary before gold continues towards 600.
James Moore
Burkett is quoted in an upcoming book, Bush's War for Re-election, ... reputation is impeccable.
James Moore
For now gold should find support back to 548oz to 552oz with technical support at 545oz keeping the yellow metal within its current uptrend, while scaled up resistance should continue to be found ahead of 575oz.
James Moore
The basic fundamentals for gold are looking very good.
James Moore
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