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Old 02-05-2006, 09:41 PM
GoldNugget GoldNugget is offline
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Default Gold Price Resistance Levels

Gold's Next Resistance Levels at goldmoney.com founders commentary by James Turk.

Quote:

This chart shows that resistance levels 1, 2 and 3 are behind us. Level #4 comes in at $715. That resistance level is followed by #5, which is the all-time record high closing price of $825. After that there is no historical resistance level, though one could reasonably expect that a 4-digit gold price may provide some resistance, if for no other reason than the psychological impact likely to arise from $1,000 gold.
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