Gold

[lot]

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 ...

[ahmed fakhry]

The Gold became cheaper against the strengthening of the dollar after the U.S. consumer confidence reached a four -year high in November. The December futures price of gold fell to 1740.50 dollars per ounce on COMEX today.

[cadetmaaz]

Gold remained above the crucial $1740 level.Because of this,we are still bullish of the market and would be regardless.After all,all you have to do is look at the last 10 years and see why somebody would want to buy gold and not sell it.

[winstead]

Gold did retrace towards support, which is in the 1730/35 today. In addition, the region is also strengthened by the resistance-turned-support. If the resulting increase in about 1730, I'll open buy. Support is at 1720 followed by strong support, while resistance at 1765/70 followed by 1785.

[sarfrazonline1]

Gold is 1739.6 now. Reached my sensitive level 1740 area. But I think can try buy here and bet market can hold. It is because up trend still here not crash on this moment. My rule is follow the trend is clever act. Anytime market down reach 172x area will make me deeply think the up trend finish start turn to Big Bear. We must with a well preparing for react when level appear!

[romannil]

Gold technical analysis for 28.11.2012 by using : Auto pivot indicator.

resistance 3:1759.63
resistance 2:1755.37
resistance 1:1748.53

pivot point :1744.27

support 1:1737.43
support 2:1733.17
support 3:1726.33

[winstead]

Gold will still be traded within a limited range today in the range of 1754-1744 levels. Break 1744 area then gold will go to 1734 price range. Meanwhile, if gold were able break 1754 levels then gold will go to 1770 price levels.

[Monik]

For gold now need wait for the southern correction was forming the top 3 of fractals (following merchants) after which the price decline sharply beginning and now broke through the lower zone of the fractal, reducing the level of forward 1737.40.

[muazafzal]

Gold is currently testing the upper limit of its medium-term bullish channel at 1,758 suggesting a decline. However, a break of these levels will initiate a more violent bullish channel.
Technical indicators provide sell signals, but until the resistance is not broken the assumption of a decline is most likely. Bollinger bands are much discarded as a result of a strong increase these days. Stabilization is expected in the short term.
Gold is currently testing the upper limit of its channel, we suggest 2 scenarios. The first one is the hypothesis of a decline where we recommend a sell on the level of 1,758 with the 1st objective at 1,748 and then at 1,745. A breakthrough of 1,760 will invalidate this scenario. The second scenario is a break of its resistance where we advise a �buy stop� which means to buy gold as soon as it is broken through its resistance of 1,758 with the 1st objective at 1,768 and then at 1,770. A breakthrough of 1,755 will invalidate this scenario.

[ALLIANZ]

Gold corrected lower yesterday to hover around 1748 area, indicating bias is neutral for nearest term.
Break below 1742 support area could trigger further bearish correction back to 1735 or even 1720 region.
Only a break above resistance at 1755 area which could continue the medium term bullish outlook targeting 1770 region.