Another look at Aussie dollar…uhm..is it time now?

September 14, 2008 – 12:13 am

It has been a painful journey for Aussie bulls. Weaker commodities, strong dollar ..whatever, you’ve read it on the papers. I have been following it all this time. Here are some observations. Is Dollar hitting resistance now? Are Aussie and Gold reaching support now? uhm… What do ya think?

Here are the ….CHARTS!

Dollar Index

Gold

AUDUSD

Charts and data provided by Market Club

From the desk of Tradergav.com


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More on this topic (What's this?)
Gold is Experiencing Record Demand: So Why Have Prices Fallen? (Money Morning, 11/21/08)
Wealthy Investors Hoarding Bullion (naked capitalism, 9/30/08)
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Gold Bull is Back With Historic Price Increase (Stock Trading To Go, 9/17/08)
Read more on Australian Dollar (AUD), Investing In Gold at Wikinvest

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