Gold Price | Technical Analysis | 14 February 2011

Gold Price | Technical Analysis | 14 February 2011

Gold is currently testing the lower limit of its medium-term bullish channel at 1355 suggesting a rebound in the short term. Read more

Gold Price | Technical Analysis | 10 February 2011

Gold Price | Technical Analysis | 10 February 2011

The gold came to test the upper limit of its bullish channel and fell. A return on the intermediate support of this one at 1352 is feasible in the short term.

According to previous events, the market indicates a bullish opportunity on the levels of 1352 with a 1st objective of 1367, then 1372. A break in 1350 would invalidate this scenario.

by Albert Fitoussi, Analytical expert - InstaForex © 2007-2011

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Gold Price | Technical Analysis | 7 February 2011

Gold Price | Technical Analysis | 7 February 2011

Gold is currently testing the horizontal support of its medium-term bullish channel at 1345 and seems to start a rebound. However a break of these levels would entail a return to the lower limit of its channel to 1325. Read more

Gold Price | Technical Analysis | 1 February 2011

Gold Price | Technical Analysis | 1 February 2011

Gold is currently testing the upper limit of its medium-term bearish channel at 1344. A break of these levels would free up significant potential and begin an upward trend. Read more

Gold Price | Technical Analysis | 31 January 2011

Gold Price | Technical Analysis | 31 January 2011

Gold is currently testing the upper limit of its medium-term bearish channel at 1347. A break of these levels it would free up significant potential and begin an upward trend.

According to previous events, the market indicates a bullish opportunity as soon as the spot rate will have broken its resistance in 1347 with a 1st objective of 1358, then 1364. A break in 1345 would invalidate this scenario.

by Albert Fitoussi, Analytical expert - InstaForex © 2007-2011

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