Gold reaches melting point

By This Is Money
Updated: 12:36 BST, 31 January 2005

?

EACH week, our spread betting 一連の会議、交渉／完成する-up 明らかにする／漏らすs the biggest bets 存在 made by punters on 株, indices, 通貨s and 商品／必需品s.

WILL Gold climb 支援する に向かって $440 or 急落する 負かす／撃墜する to $400? Closely watched by every 商品／必需品 借り切る／憲章 in the world, the next four days' 貿易（する）ing will d ecide the 結果.

Or as one 仲買人 at easy2spreadbet.com commented, 'Gold just turned 批判的な'.

Having risen from $401 to above $450 in the の近くにing ４半期/4分の1 of last year, gold has spent the last two months 刻々と giving 支援する those 伸び（る）s and now 貿易（する）s at $426.

But for many 仲買人s, the 落ちる has proven a profitable one, as the price has 貿易（する）d 完全に within a textbook '耐える-channel'. The saw-tooth pattern is a familiar one, and 権利 now the price is 貿易（する）ing on the 'tooth' of the pattern before the next 予報するd sharp 落ちる.

But the 負かす／撃墜する-move is not a certainty. The last three weeks that have formed the gently rising tooth pattern have been supported by a short-称する，呼ぶ／期間／用語 uptrend. And now it's 決定／判定勝ち（する） time.

Spead-betters are 均衡を保った, as a break in either direction will be just the tip of the iceberg, 予測（する）ing direction for the next two months.

? Our spread betting 一連の会議、交渉／完成する-up is written by Easy2spreadbet. For more 見解（をとる）s on 在庫／株s, indices and 通貨s go to the Quantigma website.