Gold

[secret alibi]

As seen on 4H chart, 1760 area is still holding
the price to move lower, break below this area
is needed to continue the bearish outlook
targeting 1738 region. Only a clear break
above 1780 area which should cancel the
bearish outlook to move higher re-testing
1795 area.
Resistance Level : 1780, 1795, 1810
Support Level : 1760, 1738, 1720
Trading Range : 1738 – 1780
Trend : Bearish

[romannil]

Gold technical analysis for 10.10.2012 by using : Auto pivot indicator.

resistance 3:1794.32
resistance 2:1786.67
resistance 1:1775.03

pivot point :1767.37

support 1:1755.73
support 2:1748.07
support 3:1736.43

[Bieela_cute]

Elliott: irregular flat correction down 1751.13
Market should not go lower than 1762.47 - 1756.67. After this move down it should go up to 1772.10 - 1775.93 area.
Warning: Imminent end of bearish move
Technical points
Key point 1,763.6500
Entry point 1,767.3500
Elliott 1,796.0000
Closing 1,764.3100
Projection 1,743.4700
Trendline 1,771.9900
Trendline 1,779.6900
Supports / Resistances
Res 2 1,787.5400
Ex-High 1,779.8900
Res 1 1,775.9300
Pivot 1,768.2800
Sup 1 1,756.6700
Ex-Low 1,760.6300
Sup 2 1,749.0200

[winstead]

If the gold price movement failed to penetrate the area of ​​support that is currently being tested, the gold price movement likely to rebound towards resistance area of ​​the range 1355.24 to 1364.60.

[raihan8212]

Gold prices rose in Asian trading on Tuesday after Japan reported a stronger-than-expected current account balance for August, which sent investors leaving the safe-harbor dollar in search of nicely-priced gold positions.

On the Comex division of the New York Mercantile Exchange, gold futures for December delivery were up 0.29% at USD1,780.85 a troy ounce, up from a session low of USD1,778.65 and down from a high of USD1,781.25 a troy ounce.

Gold futures were likely to test support at USD1,768.65 a troy ounce, Monday's low, and resistance at USD1,798.05, Friday's high.

Japan�s current account balance rose more than expected last month, official data showed on Monday.

In a report, Ministry of Finance said that Japan�s Current Account rose to a seasonally adjusted 0.72T, from 0.34T in the preceding month.

Analysts had expected Japan�s Current Account to rise 0.52T last month.

The news fueled some demand for risk that boosted gold and deflated the dollar despite otherwise bearish news for the precious metal.

The World Bank earlier cut its 2012 growth forecast for developing Asia-Pacific economies to 7.2% from a May forecast of 7.6%.

The World Bank also said China's economy will growth 7.7% this year, down from a May forecast of 8.2%.

The International Monetary Fund, meanwhile, cut its 2012 global growth forecast to 3.3% from a July estimate of 3.5%.

Elsewhere on the Comex, silver for December delivery was up 0.60% and trading at USD34.220 a troy ounce, while copper for December delivery was up 0.54% and trading at USD3.774 a pound.

[kakpay]

Engineering estimates and Settings Chart:
The increase is expected in the 1780/85 have not materialized, and again the prices are on the channel. Level 1770.00 (Support penegah / intermediary support) currently has penetrated, and prices drop further search. As described above, the short-term support trend line passing through the area of ​​1740/50. Bears will target at least the level of 1740.00. If the trend line broken, the price will accelerate into 1700 and also 1650. For now Bearish.

Trading Recommendations:
Sell ​​now. Stop 1800.00. Target 1740, 1700, and 1650.

[nurdiantofxwave]

Gold can retrace up from its yesterday lowerest price with positif sentiment. Hma 32 also had confirmed to go up with green colour in chart timefrime m15. in this morning in asian session, price hold in weekly pivot level (1779.23) but had shown in upper daily pivot (1773.13).

[romannil]

Gold technical analysis for 09.10.2012 by using : Auto pivot indicator.

resistance 3:1793.57
resistance 2:1786.43
resistance 1:1780.09

pivot point :1773.13

support 1:1766.97
support 2:1759.83
support 3:1753.67

[raihan8212]

Gold prices rose in Asian trading on Tuesday after Japan reported a stronger-than-expected current account balance for August, which sent investors leaving the safe-harbor dollar in search of nicely-priced gold positions.

On the Comex division of the New York Mercantile Exchange, gold futures for December delivery were up 0.29% at USD1,780.85 a troy ounce, up from a session low of USD1,778.65 and down from a high of USD1,781.25 a troy ounce.

Gold futures were likely to test support at USD1,768.65 a troy ounce, Monday's low, and resistance at USD1,798.05, Friday's high.

Japan�s current account balance rose more than expected last month, official data showed on Monday.

In a report, Ministry of Finance said that Japan�s Current Account rose to a seasonally adjusted 0.72T, from 0.34T in the preceding month.

Analysts had expected Japan�s Current Account to rise 0.52T last month.

The news fueled some demand for risk that boosted gold and deflated the dollar despite otherwise bearish news for the precious metal.

The World Bank earlier cut its 2012 growth forecast for developing Asia-Pacific economies to 7.2% from a May forecast of 7.6%.

The World Bank also said China's economy will growth 7.7% this year, down from a May forecast of 8.2%.

The International Monetary Fund, meanwhile, cut its 2012 global growth forecast to 3.3% from a July estimate of 3.5%.

Elsewhere on the Comex, silver for December delivery was up 0.60% and trading at USD34.220 a troy ounce, while copper for December delivery was up 0.54% and trading at USD3.774 a pound.

[Jobs]

Daily chart for gold is in a very strong resistance, but there developed not in a hurry, there was again a new high in 1795 ... and now we see the expanding triangle ... so, in my opinion, to play on a turn when we can break through some level of 1740 ....