Gold

[FM1881]

A bailout would allow the European Central Bank to step in and buy Spanish sovereign debt, which would result in reduced borrowing costs for the debt-strapped nation.

But Spain has been reluctant to do so because it may come with conditions on its budget.

Gold prices came under additional pressure following the release of upbeat U.S. economic data, which raised concern the Federal Reserve might scale back its monetary easing measures.

Official data Friday showed that U.S. consumer sentiment rose to its highest level in five years in October. The University of Michigan said that its consumer sentiment index rose to a seasonally adjusted 83.1 from 78.3 in September, the highest level since September 2007.

The data came one day after the U.S. Department of Labor said the number of individuals filing for initial jobless benefits fell by 30,000 to a seasonally adjusted 339,000 in the previous week, compared to expectations for an increase

[lal765]

Gold maximum price 1340 and minimum 1260
Support level 1 : 1290
Support level 2 : 1280
Support level 3 : 1270
Upper level 1 : 1306
Upper level 2 : 1314
Upper level 3 : 1322
************** trend sell***************

[Hassan1240]

fter trending higher for several months last year, GOLD reached the big round level at $1,300 early in January this year. Gold bulls failed to break above it and, as a result, Gold traded in a range with the top of the range somewhere around $1,295 and the bottom around $1,285-87.

[5150]

it will move up some more days till 1650 or 1660 buying now is some what dangerous because we may expect any fall because there was some huge raise in past days, lets wait for it to start some fall.

[PakGarman]

technical analyse gold
this is a sensitive price rate
the price gold buying point is 1298.72 and the selling point 1298.62

<< GOOD LUCK DEAR SIR >>

[waso691]

TODAY'S TECHNICAL LEVEL OF GOLD :
Breakout BUY Level: 1305.
Strong Resistance: 1302.
Original Resistance: 1300.
Inner Sell Area: 1297.
Target Inner Area: 1295.
Inner Buy Area: 1292.
Original Support: 1288.
Strong Support: 1284.
Breakout SELL Level: 1280.
***Warning *** Trading Forex on margin carries a high level of risk, and may not be suitable for all Traders or Investors.

[5150]

Nice ville gold and silver parties, in Nice-ville as well as gold parties in other areas of Florida and all over the nation, are starting to appear more frequently. Although they have been in existence for several years, it is only now that they are becoming more common. The price of gold is higher than it has ever been and gold dealers are seeking out scrap gold wherever they can find it.

[jenveena7]

Recently gold rate is 1292.90
In my observation today the best selling ponit will be 1290.36
and today the profitable buy point will be 1293.02
you will earn more money if you will follow my views
because i have posted this after checking the market clearly
all the best

[FA148P]

Gold in markeet
It is consider that markeet has now bearish tend to low
side & have buy position near about 67% .crunt rate
Is 1280.1 & open was 1282.3 chg. -0.17% .i think it will be good for best trade to gain profit.

[SDK]

GOLD Today,s Bearish Trend

Current Level is : 1220.20

Resistance Level is :

Resistance 1:1223.23 Resistance 2:1227.65 Resistance 3: 1231.21



Supporting Level is :



Support 1: 1216.59 Support 2: 1213.44 Support 3: 1210.24