Short Medium Long
Neutral Neutral Bearish
RANGE 1580.00 - 1600.00
Support Resistance Level
1 1560.00 1620.00
2 1540.00 1640.00
Gold started the week trying to get up to
pierce resistant 1600, the level of psychological needs
note if penetrated. Of this phenomenon gain opportunities
Gold is expected to test the nearest resistance levels at
1620, the highest end of February.
From the trend in the short term, the performance index considered
neutral although it tends to lead to bearish, because
gold is always lost momentum after being on top of 1600.
Targeted correction still has not changed the 1520 -
an. While the target is expected to strengthen in 1635's.
S2 S1 Pivot Point R1 R2
1581.54 1592.75 1602.07 1613.28 1622.60
MARKET DATA
DATE OPEN HIGH LOW CLOSE + / - $
15/03/2013 1590.70 1599.00 1588.20 1591.70 +2.15
18/03/2013 * 1602.70 1611.40 1590.87 1603.95 +12.25
INDICATOR VALUE
STOCH (14) ↑ 59.21 up
RSI (14) ↑ 50.42 up
MACD (9) -10.81 ↑ up
PAR SAR (9) 1560.55 ↑up
EMA (20) 1596.29 ↑
EMA (50) ↓ 1623.76down
5 vs 1
bullish
pic wekkly
http://i46.tinypic.com/wpwk2.jpg