GOLD today's daily forecast 04/10/12
10 April 2012
Today's daily forecast
Forecast weekly, April 09 - 13
The pair is trading along an sideways trading pattern.
An downtrend will start as soon as the pair drops below support level 1641, which will be followed by moving down to support level 1620.
An uptrend will start as soon as the pair rises above resistance level 1651, which will be followed by moving up to resistance level 1667.
Resistances: 1651, 1667
Supports: 1641, 1620
An downtrend will start as soon as the pair drops below support level 1641, which will be followed by moving down to support level 1620.
An uptrend will start as soon as the pair rises above resistance level 1651, which will be followed by moving up to resistance level 1667.
Resistances: 1651, 1667
Supports: 1641, 1620
Forecast weekly, April 09 - 13
The pair is trading along an downtrend.
The downtrend may be expected to continue in case the market drops below support level 1620, which will be followed by reaching support level 1566.
An uptrend will start as soon as the pair rises above resistance level 1667, which will be followed by moving up to resistance level 1690 and then to 1714.
Resistance: 1643, 1667, 1690, 1714
Support: 1632, 1620, 1566
Forecast monthly, March
The downtrend may be expected to continue in case the market drops below support level 1620, which will be followed by reaching support level 1566.
An uptrend will start as soon as the pair rises above resistance level 1667, which will be followed by moving up to resistance level 1690 and then to 1714.
Resistance: 1643, 1667, 1690, 1714
Support: 1632, 1620, 1566
Forecast monthly, March
The pair is trading along an downtrend, after break of "double top" figure.
The downtrend may be expected to continue while market is trading below resistance level 1737, which will be followed by reaching support level 1623.
An uptrend will start as soon as the pair rises above resistance level 1637, which will be followed by moving up to resistance level 1773 and then 1825.
Resistances: 1737, 1773, 1825
Supports: 1623, 1566
The downtrend may be expected to continue while market is trading below resistance level 1737, which will be followed by reaching support level 1623.
An uptrend will start as soon as the pair rises above resistance level 1637, which will be followed by moving up to resistance level 1773 and then 1825.
Resistances: 1737, 1773, 1825
Supports: 1623, 1566
