Showing posts with label gold technical analysis february 2011. Show all posts
Showing posts with label gold technical analysis february 2011. Show all posts

Thursday, February 3, 2011

Gold Price | Technical Analysis | 3 February 2011

Gold Price | Technical Analysis | 3 February 2011

Gold is currently testing the upper limit of its short term bearish channel at 1335. A break of these levels would reach the upper limit of its medium-term bearish channel at 1344.

According to previous events, the market indicates a bullish opportunity as soon as the spot rate will have broken its resistance in 1335 with a 1st objective of 1344, then 1347. A break in 1333 would invalidate this scenario.

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

more Gold Technical Analysis

Wednesday, February 2, 2011

Gold Price | Technical Analysis | 2 February 2011

Gold Price | Technical Analysis | 2 February 2011

Gold is currently testing the upper limit of its medium-term bearish channel at 1342. A break of these levels 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 1342 with a 1st objective of 1353, then 1357. A break in 1340 would invalidate this scenario. Full Gold Analysis

Tuesday, February 1, 2011

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