GOLD today;s market forecast 12/15/11
15 December 2011
Today's forecast
Forecast weekly, December 12 - 16
The pair is trading along an downtrend.
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.
An uptrend will start as soon as the pair rises above resistance level 1593, which will be followed by moving up to resistance level 1622.
Resistances: 1593, 1622, 1641
Supports: 1566, 1542
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.
An uptrend will start as soon as the pair rises above resistance level 1593, which will be followed by moving up to resistance level 1622.
Resistances: 1593, 1622, 1641
Supports: 1566, 1542
Forecast weekly, December 12 - 16
The pair is trading along an downtrend.
The uptrend may be expected to continue in case the market rises above resistance level 1699, which will be followed by reaching resistance level 1722 and then 1742.
An downtrend will start as soon as the pair drops below support level 1677, which will be followed by moving down to support level 1661 and 1641, 1622.
Resistance: 1699, 1722, 1758
Support: 1677, 1661, 1641, 1622
Forecast monthly, December
The uptrend may be expected to continue in case the market rises above resistance level 1699, which will be followed by reaching resistance level 1722 and then 1742.
An downtrend will start as soon as the pair drops below support level 1677, which will be followed by moving down to support level 1661 and 1641, 1622.
Resistance: 1699, 1722, 1758
Support: 1677, 1661, 1641, 1622
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
