GBP Gains Heavily for First Time in Weeks

March 17, 2010 by ForexYard  
Filed under Daily Forex Analysis

Gold:

Bullish trends were initiated around the $1118 level, and have continued with full steam as currently an ounce of gold is valued at $1126. Currently, gold is reaching towards a very strong resistant level placed at the $1130 level. If the resistant level will be breached, another sharp bullish move might take place. This could be a great opportunity for forex traders to join a very popular trend.

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