Wheels Group Inc GRFJF

Gold Rally is continuing with weaker dollar

[jerryb1]

NOTE ; We are still looking for a stronger Gold Rally.)
A weaker dollar against the euro and the yen failed to support precious
metals early in the session Monday as investors locked in some profits after recent gains.

A trader said ( Monday ) that April gold had found strong support at around the $896/oz level. "I think there was support at $896," the trader said. "We saw it go below $900 and there was a lot of selling until it got to the $896 level and then we saw more interest from buyers. It's not surprising, the dolllar has come off quite a bit against the euro, which should support gold well."

Source www.amprogram.com

Source www.kitco.com