MONTHLY CHARTS FOR GOLD

This is the Monthly gold chart which a friend of mine RAMA from chennai had been asking for..Hope my advise of no buy in gold helped..It corrected over $150. Right now its at 1st support and trending down..the chart is clear in the support/extensions targets, i feel with financial crunch all around, better to wait for some time for stabality to return to world financial markets to plan investment in gold..Hope this helps all friends visiting the blog..cheers