GOLD today's market forecast 05/01/12
5 January 2012
Today's forecast
Forecast weekly, January 03 - 06
The pair is trading along an uptrend.
The uptrend may be expected to continue in case the market rises above resistance level 1626, which will be followed by reaching resistance level 1626.
An downtrend will start from current levels, which will be followed by moving down to support level 1594 and then to 1566.
Resistances: 1614, 1626, 1641
Supports: 1594, 1566, 1542
The uptrend may be expected to continue in case the market rises above resistance level 1626, which will be followed by reaching resistance level 1626.
An downtrend will start from current levels, which will be followed by moving down to support level 1594 and then to 1566.
Resistances: 1614, 1626, 1641
Supports: 1594, 1566, 1542
Forecast weekly, January 03 - 06
The pair is trading along an downtrend.
An uptrend will start as soon as the pair rises above resistance level 1594, which will be followed by moving up to resistance level 1626 and then 1641.
The downtrend may be expected to continue in case the market drops below support level 1566, which will be followed by reaching support level 1542 and may be 1520.
Resistance: 1594, 1626, 1641, 1682
Support: 1566, 1542, 1520
Forecast monthly, December
An uptrend will start as soon as the pair rises above resistance level 1594, which will be followed by moving up to resistance level 1626 and then 1641.
The downtrend may be expected to continue in case the market drops below support level 1566, which will be followed by reaching support level 1542 and may be 1520.
Resistance: 1594, 1626, 1641, 1682
Support: 1566, 1542, 1520
Forecast monthly, December
The pair is trading along an uptrend.
The uptrend may be expected to continue in case the market rises above resistance level 1758, which will be followed by reaching resistance level 1778 and then 1825.
An downtrend will start as soon as the pair drops below support level 1743, which will be followed by moving down to support level 1662 and then 1622.
Resistances: 1758, 1787, 1825, 1882
Supports: 1743, 1680, 1662, 1622, 1566
The uptrend may be expected to continue in case the market rises above resistance level 1758, which will be followed by reaching resistance level 1778 and then 1825.
An downtrend will start as soon as the pair drops below support level 1743, which will be followed by moving down to support level 1662 and then 1622.
Resistances: 1758, 1787, 1825, 1882
Supports: 1743, 1680, 1662, 1622, 1566
