Famous Quotes and Proverbs

«For the moment, gold appears comfortable just below the $550/oz level, working between $542/oz and $550/oz. While the mid to longer-term outlook remains bullish for gold, the yellow metal needs to make a convincing break above $550/oz, in the next few days, in order to avoid losing some of its short-term momentum and potentially correct back to $525/oz.»

«Palladium should continue to work between $240/oz and $265/oz.»

«Despite the risk of a downwards correction, similar to that seen at the start of 2005, the outlook for the precious complex remains very upbeat with the combination of positive supply and demand fundamentals, good physical and growing investor demand set to push the metal beyond the $541/oz high seen in early December and continue the bull-trend across the year.»

«The market for gold is very thin and gold is higher on a bit of buying. Gold could test $518/oz or maybe $525/oz today. The range for the rest of today, for gold, is likely to be between $518/oz to $525/oz. Despite the risk of a downwards correction, similar to that seen at the start of 2005, the outlook for the precious complex remains very upbeat with the combination of positive supply and demand fundamentals, good physical and growing investor demand set to push the metal beyond the $541/oz high seen in early December and continue the bull-trend across the year.»

«For the moment gold should continue to find support above the $500/oz level with interim support pegged at $512/oz to $505/oz, while resistance is pegged at $518/oz to $525/oz.»

«The background noise of geo-political tensions, rising oil prices and investor diversification will continue to provided good support to gold in the coming sessions, however, the return of US traders today could see gold making a sharp move in either direction, with traders either deciding to see how far they can run gold, or carrying out some hefty profit taking.»

«The tone remains firmly bullish for the moment as rising oil cost and geo-political concerns heighten gold's 'safe-haven' as well as investment appeal.»

«Like gold, platinum may need a period of consolidation before making a sustained rally. But with the metal trading close to its all-time high, I would be surprised if investors and fund players don't go gunning for the highs in the coming sessions.»

«Fund players have featured heavily on the bid across the day, taking platinum and silver as well most of the base complex to fresh highs today.»

«With clear skies above on the charts as well as positive fundamentals and strong investment demand, [platinum] has plenty of scope for further gains in the coming sessions.»