The gold price has fallen back to support levels, though can expect equities to fall further. This however does provide an opportunity for an entry into gold options and bullion.We can see from the chart that gold has reached the $690/oz support and recovered to the $730s.
Gold in Euro terms is also near support.
Andrew Sheldon www.sheldonthinks.com



![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/palladium/t24_pd_en_usoz_2.gif)
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