WHY THERE IS SO MUCH ANXIETY FOR GOLD PRICE NOW

up and down in gold price was normal among traders till last month because dip technically buying was the ultimate concept among professional traders but this time ,,,unrest is more why ? because the month " JUNE" coming near and question is how will gold price move in July and august sentiments ?......I see that from the year 2003 gold price is stepped up above 45 Degree most of the time,,,,,,
the price of gold in June 2007 was corrected in the same period that next year June ( approx)...After 2008 June , the corrected bull price picked continuously to the high of 1900$ level....., now again the price of gold in June of 2011 is being totally corrective currently,,,,if the case of 2007/08 repeated then 1525$ will be final support point,,,,,,mind that this price you can expect again in this year,,,,,,,,,,,
but if the support level of 1500$ is breached then first time gold will be trading in bearish in monthly chart,,,,,,and we try to believe that gold price is in corrected mood on the basis of 10 years of completion the this bear market has primary support area at 1450$ and second support at 1300$,,,,extendable to 1227$,,,,what i don't like to talk about technical news on internet.....when price is falling people talks about downtrend depth and when price is in uptrend peak all people talks about the possible skyrocketing price level,,,,but only few people talks when exactly price is going to reverse and truth is this is always a mystery

therefore passions for gold market is till there,,,no one has sell the major golds yet, simply buyers are not there,,,if really big physical sellers come in then anything can happen,,,,,,market price runs all the time high and low ,,,,but what we are doing at the moment counts more

DFT