GOLD today's market forecast 02/14/12
14 February 2012
Today's forecast
Forecast weekly, February 13 - 17
The pair is trading along an downtrend.
The downtrend may be expected to continue from resistance level 1719, which will be followed by reaching support level 1710 and then 1700.
An downtrend will start as soon as the pair drops below support level 1729, which will be followed by moving down to support level 1719 and then 1710.
Resistances: 1719, 1737
Supports: 1710, 1700
The downtrend may be expected to continue from resistance level 1719, which will be followed by reaching support level 1710 and then 1700.
An downtrend will start as soon as the pair drops below support level 1729, which will be followed by moving down to support level 1719 and then 1710.
Resistances: 1719, 1737
Supports: 1710, 1700
Forecast weekly, February 13 - 17
The pair is trading along an downtrend.
The downtrend may be expected to continue from current levels, which will be followed by reaching support level 1710 and if it keeps on moving down below that level, we may expect the pair to reach support level 1682.
An uptrend will start as soon as the pair rises above resistance level 1737, which will be followed by moving up to resistance level 1758 and 1772.
Resistance: 1737, 1746, 1758, 1772
Support: 1729, 1719, 1710, 1682
Forecast monthly, February
The downtrend may be expected to continue from current levels, which will be followed by reaching support level 1710 and if it keeps on moving down below that level, we may expect the pair to reach support level 1682.
An uptrend will start as soon as the pair rises above resistance level 1737, which will be followed by moving up to resistance level 1758 and 1772.
Resistance: 1737, 1746, 1758, 1772
Support: 1729, 1719, 1710, 1682
Forecast monthly, February
The pair is trading along an uptrend.
The uptrend may be expected to continue in case the market rises above resistance level 1744, which will be followed by reaching resistance level 1787 and then 1825.
An downtrend will start as soon as the pair drops below support level 1724, which will be followed by moving down to support level 1680 - 1660.
Resistances: 1744, 1787, 1882
Supports: 1721, 1680, 1665, 1623
The uptrend may be expected to continue in case the market rises above resistance level 1744, which will be followed by reaching resistance level 1787 and then 1825.
An downtrend will start as soon as the pair drops below support level 1724, which will be followed by moving down to support level 1680 - 1660.
Resistances: 1744, 1787, 1882
Supports: 1721, 1680, 1665, 1623
