A rise in the Gold price

Gold price technical analysis 30 - May, 2013

A rise in the Gold price expected for the next week, some experts said that gold could be rise next week due to the weakens expected for us dollar after the US economy data which comes disappointing for the global market.

it expected for gold to record 1680 USD/troy an ounce while gold record as an average for the last week  1610 USD/troy an ounce  so gold could turn every thing up side down.

for the next few weeks gold could reach 1720 USD/troy an ounce.

gold in forex trading could be the onely way to survive and some of extensive buy of gold could be a reason in the rise of gold price.