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GOLD today's market forecast 01/26/12

26 January 2012
Today's forecast
The pair is trading along an uptrend.
The uptrend may be expected to continue from support level 1700, which will be followed by reaching resistance level 1713, 1722 and then 1734.

An downtrend I'm not expecting now.

Resistances: 1713, 1722, 1734
Supports: 1700, 1682

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Forecast weekly, January 23 - 27
The pair is trading along an uptrend.
 The uptrend may be expected to continue in case the market rises above resistance level 1682, which will be followed by reaching resistance level 1700 and then 1722.

 An downtrend will start as soon as the pair drops below support level 1660, which will be followed by moving down to support level 1623.

Resistance: 1677, 1682, 1700, 1722
Support: 1660, 1649, 1623

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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

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