Gold

[SA153P]

Market players have been anticipating for the past month that the Spanish government would ask for a full-scale sovereign bailout.

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.

[danish555]

dear mate i am trying to get market technical over view for GOLD

according to market technical analysis the market have down trend
the market trend is in sell position
expected resistance and support levels
market price ----------1281

1- Resistance level----------1284
2- Resistance level----------1287
3- Resistance level----------1291
1- Support level-------------1278
2- Support level-------------1275
3- Support level-------------1272

[00923027642346]

XAUUSD: as it fell, short-term or test 1265


Non adverse effects on also gold place over a period of time, taking into account the price of gold has been Powei technology and mechanism of gold attitude is not positive, therefore, short-term is expected to decline in gold is expected to expand and touch the daily BOLL line under the rail line 1265

[ah15]

Market players have been anticipating for the past month that the Spanish government would ask for a full-scale sovereign bailout.

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.

[FM1881]

The Federal Reserve announced last month that it will buy USD40 billion of mortgage-backed securities each month until the U.S. labor market improves.

In the week ahead, markets will continue to continue to focus on whether Spain will formally request a bailout and if international creditors will extend loans to Greece as the country struggles to meet deficit reduction targets.

Meanwhile, the U.S. is to release a flurry of data, including reports on retail sales, manufacturing activity in New York and Philadelphia, initial jobless claims and housing starts, among others.

Elsewhere on the Comex, silver for December delivery settled at USD33.48 a troy ounce by close of trade on Friday. Earlier in the session, silver futures touched a low of USD33.46, the weakest level since September 26.

On the week, silver futures lost 3.05%.

[PAK]

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.

[SA148P]

Today analysis for the pair of :Gold
--- Trading opinion for the best profitable trade: Open sell ---
I recommend this trading trend for all my friends because I made this recommendation after the great experience of trading and analysis of fundamental approaches. Best of luck
Resistance level of this pair is:
1# Resistance is: 1293.87
2# Resistance is: 1295.41
3# Resistance is: 1297.90
Supporting level of this pair is :
1# Supporting is: 1288.88
2# Supporting is: 1287.34
3# Supporting is: 1284.84

[Kaka]

I try to make analysis for eurgbp pair today.Gold
Recommendation Trend is :Sell
Recommendation : Based on the charts and explanations above, we remain neutral for now awaiting more confirmations for the next move.
Resistance level
1 Resistance level :1293.87
2 Resistance level :1295.41
3 Resistance level :1297.90
Support level
1 Support level : 1288.88
2 Support level : 1287.34
3 Support level : 1284.84
Don’t use high risk and please stop trading if the target has been reached, we should avoid greedy.
Regaerd :Kaka

[ba33]

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.

[FM2127]

the price has been break the fib 61.8 level and the support of 1290.00 the price is also moving below the pivot point 1292.87 so more down trend can expected. if the price is break 1280.00 level then this will be falling down to the support at 1250.00
good luck.