GOLD today's market forecast 03/14/12
14 March 2012
Today's forecast
Forecast weekly, March 12 - 16
The pair is trading along an downtrend.
The downtrend may be expected to continue while pair is trading above resistance level 1676/78, which will be followed by reaching support level 1650.
An uptrend will start as soon as the pair rises above resistance level 1678, which will be followed by moving up to resistance level 1694.
Resistances: 1704, 1717/21
Supports: 1695, 1682, 1674, 1650
The downtrend may be expected to continue while pair is trading above resistance level 1676/78, which will be followed by reaching support level 1650.
An uptrend will start as soon as the pair rises above resistance level 1678, which will be followed by moving up to resistance level 1694.
Resistances: 1704, 1717/21
Supports: 1695, 1682, 1674, 1650
Forecast weekly, March 12 - 16
The pair is trading along an uptrend.
The uptrend may be expected to continue in case the market rises above resistance level 1721, which will be followed by reaching resistance level 1737 and then 1773.
An downtrend will start as soon as the pair drops below support level 1690, which will be followed by moving down to support level 1650 - 1623.
Resistance: 1717/21, 1737, 1773
Support: 1690, 1674, 1650, 1623
Forecast monthly, March
The uptrend may be expected to continue in case the market rises above resistance level 1721, which will be followed by reaching resistance level 1737 and then 1773.
An downtrend will start as soon as the pair drops below support level 1690, which will be followed by moving down to support level 1650 - 1623.
Resistance: 1717/21, 1737, 1773
Support: 1690, 1674, 1650, 1623
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
