Malaysia Gold price close high at last week due to improve share market price and investor confident but the Gold price need to past USD 940 resistant before knowing the next USD 1,000 gold price bull run. Due to Asia economic getting recovery, gold price in Asia also will move higher compare USD and EU gold price.
Malaysia gold price today hits RM 109 per gram on the opening and it need to hold on this level for few days before go up more. For me I think it will unlikely to broken USD 940 level or RM110 per gram due to current situation share market and community are speculated so selling pressure will be at USD 940 and buying at USD 910.
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