The Gold Prices Newsletter

Gold Prices Surge Through Second Key Resistance Posted: 11 Feb 2009 12:36 PM PST Gold prices are up over $30 in today's trading, currently at $944.50. As the below chart (of GLD, the gold ETF) shows, gold prices have broken through the downtrend resistance line (see previous article) and have now risen higher than the previous high made at $936. This is a very positive sign for gold prices. Breaking up through the first resistance meant that gold was out of its downtrend since hitting $1020. Now breaking the second resistance signals that (more…) Related on Gold Prices: Agnico Eagle Breaks Resistance At $42 High River Gold Up Over 16% this Month Gold Prices Surge – Breaking Downtrend Agnico Eagle: Struggles With Resistance Agnico Eagle: Up 5.11% and Approaching All Time High Also See: Uranium Stocks news and information on profiting from uranium stocks, future outlook for uranium prices and more Silver Prices for silver news and reports with real time silver prices and charts

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