Gold and Silver Forecast 9-20-11

(Last Updated On: September 22, 2011)

Gold and Silver Forecast 9-20-11

Gold dropped as I stated in my last week forecast, however, it found the support just in the area, below my important level, $1,785. Areas between $1,818 and $1,785 have been acting strong resistance and support. Both numbers are NHN Numbers.

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Gold, after dropping below the $1,795, according to my forecast, tested the $1,785 and even $1,778 area. Once it settled down in said area, and regained the important level of $1,785, then rally was imminent. From there, it shot straight upto my level of previous support and resistance of $1,818.

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