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Spot Gold Prices - Daily Candle Chart 6th April 2007

Spot Gold Prices - Daily Candle Chart 6th April 2007

My trading suggestion for this week is in spot gold using a one touch fixed odds bet. In the last two to three weeks gold prices have been in a bearish tone, and have moved below all three moving averages, and now looking set to fall further. Having breached the significant support level around the $900 per ounce region we could now see gold prices fall further in the next few days, and my suggestion is therefore to try a one touch bet that the price of gold will hit $850 per ounce in the next 9 days. This could yield a return of around 200% if correct. I do have a dedicated site for spot gold prices which you can follow here, or alternatively just check the latest commodity prices on the charts here.