GOLD today's market forecast 01/16/12
16 January 2012
Today's forecast
Forecast weekly, January 16 - 20
The pair is trading along an sideways trading pattern.
An uptrend will start as soon as the pair rises above resistance level 1649, which will be followed by moving up to resistance level 1664.
An downtrend will start as soon as the pair drops below support level 1638, which will be followed by moving down to support level 1623.
Resistances: 1649, 1664
Supports: 1638, 1623
An uptrend will start as soon as the pair rises above resistance level 1649, which will be followed by moving up to resistance level 1664.
An downtrend will start as soon as the pair drops below support level 1638, which will be followed by moving down to support level 1623.
Resistances: 1649, 1664
Supports: 1638, 1623
Forecast weekly, January 16 - 20
The pair is trading along an uptrend.
The uptrend may be expected to continue in case the market rises above resistance level 1649, which will be followed by reaching resistance level 1664 and then 1682.
An downtrend will start as soon as the pair drops below support level 1623, which will be followed by moving down to support level 1610, 1592, 1566.
Resistance: 1649, 1664, 1682
Support: 1623, 1610, 1592, 1566
Forecast monthly, December
The uptrend may be expected to continue in case the market rises above resistance level 1649, which will be followed by reaching resistance level 1664 and then 1682.
An downtrend will start as soon as the pair drops below support level 1623, which will be followed by moving down to support level 1610, 1592, 1566.
Resistance: 1649, 1664, 1682
Support: 1623, 1610, 1592, 1566
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
