Daily GOLD

1770.00 – 1810.00
Support Resistance

1

1760.00 1820.00

2

1740.00 1850.00

---------S2 S1 Pivot Point R1 R2---------

1732.90 1764.20 1781.30 1812.55 1829.60

gold up sinyal strong. but today have small correction
if gold stay in area 1794-1798 sinyal up R1
if gold stay in area 1770-1765 sinyal down s1

INDICATOR VALUE

STOCH (14)

↑ 95.95
RSI (14) ↑ 65.19
MACD (9) ↑ 17.61
PAR SAR (9) ↑ 1678.11
EMA (20) ↑ 1716.49
EMA (50) ↑ 1707.38

info
Permeability, two important resistance trend line 1 and the scale is 23.6%
Fibonacci retracement (1776.06) has strengthened the bullish picture
indicated last week after relinya for 3 consecutive periods.
Since dilampauinya trendline 1, the trend for gold prices
expected medium has been changed to bullish as well.
* The pattern thus, should be a concern because once occurred

news

Gold futures delivery
On the Comex December ended with a sharp increase, approaching
Daily highs and recorded a six-week new highs in
Monday's trading. The strong demand for safe haven becomes a factor
driver of the yellow metal to close at $ 1,800.00.
amid the continuing debt crisis of the European Union. In addition to debt problems
Greece is in the spotlight, this week the focus was also directed to
Italy.
Gold for December delivery last traded up
$ 35.90 to $ 1,792.00 per ounce. Spot gold last traded
rose $ 36.50 an ounce on the level of $ 1,791.25. Meanwhile, silver
Comex December delivery last traded up $ 0.716 at
price of $ 34.80 per ounce.
Safe-haven demand from investors back into a feature for
to start trading this week amid the latest developments
about the debt crisis of the European Union. After the Greeks finally try
to comply with the requirements of the EU bailout plan with
overhaul the government structure at the weekend - now
Italy became the new issues that develop in the future after the yield
bond on Monday surged to its highest level Euro era and rumors
from central Italy plans leadership changes in circulation.
Traders and investors around the world are wondering what
will happen next. But whatever it is, will not be positive
for capital markets. Increased uncertainty remains
bullish factor for the precious metals market.
The U.S. dollar index traded slightly higher, as well as
as a safe-haven demand amid the debt crisis of the European Union.
Bullish Dollar Index has gained the momentum of positive technical
for the short term recently, which shows the index has been
record the lowest market price in the short term.
Crude oil prices slightly higher and pushed to the top
$ 95 per barrel, and it is also an underlying bullish
forces "outside market" for precious metals. Crude oil prices
remain in short term uptrend.
Settlement price / afternoon gold fixing in London are on
$ 1,782.00 compared with the settlement / fixing morning at the level
$ 1,749.00

1776.06 penetration, it did not rule out rally
length which is usually followed by a pattern of record-breaking return
realized as shown in the period of August.
Even if corrected at this session, expected to be limited


news update

Dampier Gold drilling reveals 2.5km copper anomaly at Apex prospect near DeGrussa - Proactive Investors Australia, Nov 7 2011 7:01PM
European Gold's Konig takes leave after illness - Mining Weekly, Nov 7 2011 7:21PM
Holdings of SPDR Gold up 0.85 pct - Reuters, Nov 7 2011 5:37PM

data usa

Symbol Price Change Date Loc Description Fcst Prev Act
DJIA

12068.39 +85.15 6/11 US Daylight Saving Time Shift -- -- --

NASDAQ

2695.25 +9.10 JPN Leading Indicators 96.3% 103.8% 91.6%

S & P 500

1259.09 +5.86 7/11 US Consumer Credit m/m 5.2B -9.5B 7.4B

FTSE

5510.82 -16.34 US IBD/TIPP Economic Optimism 43.4 40.3 --

SHICOM

2509.80 -18.49 8/11 JPN Bank Lending y/y -0.3% --

KOSPI

1919.10 -9.31 JPN Current Account 0.96T 0.65T --

IHSG

3777.28 -6.35 CHN CPI y/y 5.4% 6.1% --

EUR

1.3781 -0.0011 CHN Fixed Asset Investment ytd/y 24.7% 24.9% --

JPY

78.0640 -0.1755 CHN Industrial Production y/y 24.7% 24.9% --

RP

8955.00 +17.00 CHN PPI y/y 5.7% 6.5% --

YUAN

63510 +0.0110 CHN Retail Sales y/y 17.6% 17.7% --

NYMEX OIL 96.04 +1.78 9/11 JPN Economy Watcher Sentiment 46.7 45.3 --

RANGE 1780.00 - 1820.00
support Resistance
1 1760.00 1850.00
2 1740.00 1870.00

INDICATOR VALUE
Stoch (14) ↓ 93.87
RSI (14) ↓ 62.82
MACD (9) ↑ 20:40
PAR SAR (9) 1692.54 ↑
EMA (20) 1723.03 ↑
EMA (50) 1710.43 ↑

-------S2 S1 Pivot Point R1 R2-------------

1761.40 1773.30 1788.30 1800.20 1815.20

gold consolidation up with small correction
if gold today stay in area 1790-1795 sinyal up R1
if gold today stay in area 1780-1776 sinyal down S1


* The rally continues until eventually leads to the psychological level of 1800, namely
reference to the start of a record achievement in the history of gold
which was recorded in the period of August. of character
such, did not rule out a record-breaking pattern will
re-open.
* Support who will escort the movement today is the scale of 23.6%
Fibonacci retracement or trendline 1. The trend for the short term,
medium and long term bullish beradap on cue. Gold is in
center of momentum that can be said right of re-emergence
concerns about the financial crisis prolonged the euro zone

data

Symbol Price Change Date Loc Description Fcst Prev Act
DJIA

12170.18 +101.79 7/11 US Consumer Credit m/m 5.2B -9.5B 7.4B

NASDAQ

2727.49 +32.24 US IBD/TIPP Economic Optimism 43.4 40.3 40.6

S & P 500

1275.68 +14.56 8/11 JPN Bank Lending y/y -0.3% --

FTSE

5567.34 +56.52 JPN Current Account 0.96T 0.65T --

SHICOM

2503.84 -5.96 CHN CPI y/y 5.4% 6.1% --

KOSPI

1903.14 -15.96 CHN Fixed Asset Investment ytd/y 24.7% 24.9% --

IHSG

3806.77 +28.53 CHN Industrial Production y/y 24.7% 24.9% --

EUR

1.3837 +0.0061 CHN PPI y/y 5.7% 6.5% --

JPY

77.7075 -0.3410 CHN Retail Sales y/y 17.6% 17.7% --

RP

8920.00 -35.00 9/11 JPN Economy Watcher Sentiment 46.7 45.3 --

YUAN

6.3465 -0.0045 US Fed Chairman Bernanke Speaks -- -- --

NYMEX OIL 97.01 +1.49 US Wholesales Inventories m/m 0.5% 0.4% --

news

Gold Anomaly hits high grade gold - Papua New Guinea National, Nov 8 2011 7:27PM
SOUTHERN CROSS GOLDFIELDS LIMITED. : New Massive Sulphide Intersection Extends VMS Mineralisation at Copper Bore - 4 Traders, Nov 8 2011 6:56PM
UPDATE 2-First Quantum cuts FY gold, copper output view - Reuters, Nov 8 2011 6:56PM

RANGE 1780.00 – 1820.00
Support Resistance
1

1760.00 1850.00

2

1740.00 1870.00

INDICATOR VALUE

STOCH (14)

↓ 91.38
RSI (14) ↓ 60.22
MACD (9) ↑ 21.50
PAR SAR (9) ↑ 1708.05
EMA (20) ↑ 1727.85
EMA (50) ↑ 1712.91

-------S2 S1 Pivot Point R1 R2---------

1742.05 1757.90 1779.05 1794.90 1816.05

if gold stay in area 1783-1787 sinyal up R1
if gold stay in area 1767-1762 sinyal down s1
gold still consolidation up with correction

ASIA INA

DATE OPEN HIGH LOW CLOSE +/- $
08/11/2011 1794.20 1803.30 1776.40 1785.20 +7.70
09/11/2011 1785.70 1800.20 1763.19 1773.80 -11.40

GOLD MARKET REPORT

Almost no change in outlook on today's session considering the price

gold is likely to exist in areas where the suggestion of 1800 that

stay strong bullish signal. Opportunities still exist despite the correction

relatively limited possibilities in the area at least testing the trendline support a

(The 1780s).

* With a trendline resistance and permeability, 23.6% Fibonacci scale

retracement, has reinforced the opportunity rally picture

length, the minimum until the end of this week. A number of factors

fundamentals are basically still support the price appreciation

including anxiety about global economic prospects who have not been stable.


news
Anglo American Sells 24.5% Stake In Chile Sur Complex To... - ADVFN India, Nov 9 2011 7:37PM
Mitsubishi Corporation Purchases Shares of Anglo American plc's Subsidiary - Reuters, Nov 9 2011 7:37PM
Gold Resource Corporation Reports Record Third Quarter Results; Increases Precious Metal Gold Equivalent

RANGE 1760.00 - 1800.00
Support Resistance
1 1740.00 1820.00
2 1700.00 1850.00
gold stay in consolidation up with correction
if stay in area 1760-1765 sinyal up R1
if stay in area 1751-1747 sinyal down S1

INDICATOR VALUE
Stoch (14) ↓ 83.30
RSI (14) ↓ 57.11
MACD (9) ↓ 20.91
PAR SAR (9) 1721.04 ↓
EMA (20) 1740.53 ↑
EMA (50) 1713.71 ↑


-------- S1 S2 Pivot Point R1 R2 -----------
1716.28 1737.86 1756.63 1778.21 1796.98

* It is estimated that the price of gold at today's session is still strong despite the visible
further away from 1800 levels to test trendline 1 (which currently has
turned into support) for a second time. Expectations of such strong
presented at the outlook today is still considered strong if the session today
is capable of recovery back to 1800 it.
* If that fails to penetrate, in other words the price closed below
trendline, then sideways pattern is likely to be seen again.
Despite the correction is likely to soon emerge swing
(Rebound). Fundamentally linked, as long as the uncertainty of the step
solving the crisis by European states has not yet ended, then
Gold remains a target of the investors.



news
Shearman & Sterling Represents Anglo American in Sale of 24.5% Interest in Anglo American Sur to Mitsubishi Corporation for $5.39 Billion - Sherman & Sterling, Nov 10 2011 6:31PM
Pre-Emptive Strike: Anglo American To Sell Chilean Copper Stake for $5.39 Billion - Morningstar.com, Nov 10 2011 7:12PM
Aphrodite Gold grated trading halt pending capital raising announcement - Proactive Investors Australia, Nov 10 2011 7:43PM

info

Gold falls for third day
a row on Thursday, monitored losing streak
longest in nearly a month, due to technical corrections and
reduced demand for safe-haven as investors reacted
to the complex picture of European debt crisis.
Gold weakened by renewed optimism that the Italian market
approaching a national unity government, which followed the lead
Greece in search of a former European Commissioner for help
This painful economic reform in order to prevent crises
eurozone bond market.
Sharp decline in other safe havens, spearheaded by
U.S. Treasuries, also weighed on gold after 30-year bond auction.
Volatility from Europe led to changes in prices
The dramatic and scare some investors. S & P 500 rose
industry but dragged down by lower copper metal.
"The combination of a rebound on Wall Street and some optimism
of Europe at least for the moment to have contributed
decrease because the closer end of the year. Technical role
and with support $ 1,755 pass, "said Bruce Dunn, vice
president of the trade in bullion dealer Auramet.
Spot gold fell 0.6 percent to $ 1,758.90 per ounce.
U.S. gold futures for December delivery fell $ 32 in
level of $ 1,759.60 per ounce. The trade volume of about 1 / 5 on the average
30-days.
In the previous session, gold futures accelerated weakening
as the market fell below chart support near its lowest level
the latest in $ 1,755 per ounce. Period of December recorded the lowest
intraday $ 1,736.60 per ounce.
"Momentum trading is driven by technical triggers since
Wednesday morning, which continues to put pressure on precious metals, "said
Miguel Perez-Santalla, vice president at Heraeus Precious Metals
Management.
"The fact that LCH Clearnet raised the margin on the Bonds
Italy may have led to the liquidation of other assets to
meet the margin, "he said.
On Wednesday, the European clearing house LCH.Clearnet SA
add margins to the debt of Italy at the time of the yield
bonds in the euro zone's third largest economy is approaching the level
which is considered unsustainable.
DISCLAIMER
Comments on the technical review is not recommendation to buy or sell, but the only way to interpret the indicators and chart patterns.

1780.00 - 1820.00
support Resistance
1 1760.00 1850.00
2 1740.00 1870.00
INDICATOR VALUE
Stoch (14) ↓ 83.02
RSI (14) ↑ 61.44
MACD (9) ↑ 22.62
PAR SAR (9) 1732.85 ↑
EMA (20) 1736.34 ↓
EMA (50) 1717.62 ↑


------ S1 S2 Pivot PointR1 R2------------
1728.30 1758.25 1773.60 1803.55 1818.90

today gold still in consolidation up
if stay in area 1789-1795 sinyal up R1
if stay in area 1770-1767 sinyal down S1



* Expectations that prices are still strong with a gain has been demonstrated that
almost closed the correction for 3 consecutive periods. It is still
will maintain a bullish picture that has been shown since
Gold rallied to reach the trendline resistance at first, especially since
mid-October.
* If failed to be realized, it means that while a long rally
be delayed, gold is likely to move sideways on the pattern
channel line-ups. On the fundamental side, concerns about the impact
debt crisis in the eurozone and Greece bailout program for an estimated
will color in this week's price movements.


news
Manas Resources delivers production potential boost to 40,000 gold ounces annually at Shambesai - Proactive Investors Australia, Nov 13 2011 6:01PM
Gold: Worth the Risk? - Boomer Market Advisor, Nov 13 2011 6:21PM
Discovery Metals Limited Discovery Metals Limited: New Zone of Higher Grade Copper and Silver at Zeta North East - London Stock Exchange, Nov 13 2011 7:44PM

info

Gold rose 1.5 percent in
Friday, tracking Wall Street's rally tracks after the Italian through measures
savings demanded by the European Union and
Greece's new government fueled hopes that the euro zone crisis
can be prevented.
Bullion recorded a third weekly gain in a row,
longest victory since August, after the Italian Senate
approve a new budget bill that paves the way
for full approval of the fiscal package and the formation
emergency government to replace Prime Minister Silvio
Berlusconi.
Metals - the traditional safe-haven recently followed
traces of risky assets - rose along with U.S. equities and tandem
euro, with the S & P 500 that have surged about 2 percent,
after the former European Central Bank policy makers, Lucas
Papademos was sworn in as the new Prime Minister of Greece
in order to avoid national bankruptcy.
"Optimism has grown in Europe as the economic outlook is
better there. Purchasing gold investors from the Far East and
Europe continues after the euro zone to calm some fears
to the tightening of bank credit policy, "said George Gero, vice
president of RBC Capital Markets.
Spot gold rose 1.6 percent to $ 1,787.04 per ounce at
3:26 pm local time, ending a three-session decline in a row.
U.S. December gold futures closed up $ 28.50 at level $
1,788.10 per ounce. Trading volume is below normal due to
U.S. banks, and government bond markets closed for holiday
Veterans Day.
Gold dropped three of five days a week, affected
of factors follow-up after the sale of the Italian equity market following the
Greece as the main focus of the debt crisis of the euro zone this week,
with the results on the benchmark 10-year Italian bonds rose to a record
The highest above 7%, reviving fears that the
the three largest euro zone economy could not withstand the load
state debt. Unlike Greece, Italy is too large for the
bailout.
Analysts say that the possibility of liquidity programs
The new by the ECB can exacerbate price pressures, making gold
more attractive as an asset in value so that the better
compared to paper money during high inflation.

Waiting to add more buys on this correction. The price seems to be showing minor signs of accumulation.

Very nice thread you have here OP.

yes thanks
i see gold will be sideways and until closed stay in area 178x. 1 pm gov speak CAD , i'm waiting

1780.00 - 1820.00
support Resistance
1 1760.00 1850.00
2 1740.00 1870.00
INDICATOR VALUE
Stoch (14) ↓ 81.70
RSI (14) ↓ 59.49
MACD (9) ↑ 22.96
PAR SAR (9) 1735.05 ↑
EMA (20) 1740.47 ↑
EMA (50) 1720.05 ↑

-------S1 S2 Pivot Point R1 R2--------
1761.10 1770.40 1782.95 1792.25 1804.80

gold today still consolidation up channel small correction
if today stay in area 1786-1789 sinyal up R1
if today stay in area 1777-1773 sinyal down S1

* Correction of technical re-coloring movement of the session yesterday, will
but had noted a high level that leads to the psychological 1800.
This condition is expected to still be considered strong, it means a bullish sign
will likely still exist in today's session, with support
trendline 1, which will escort the movement.
* In the event of break-the highest level of data Winquote 1802.90, the minimum
Today the gold price higher chance of appreciating. However, if the
conversely, Sideways potentially occur. Meanwhile, the pattern of up-channel
line remains valid, although the relative price of gold is now moving melayanglayang
above the trendline 1.

news

Nevsun posts Q3 profit as gold production rises - Mining Weekly, Nov 14 2011 7:36PM
Gold Buying = Higher Gold Prices - Annuity News Journal, Nov 14 2011 7:36PM
Stronger Dollar Drags Down Gold Prices - The Street, Nov 14 2011 2:50PM

1770.00 - 1800.00
support Resistance
1 1760.00 1820.00
2 1740.00 1850.00
INDICATOR VALUE
Stoch (14) ↑ 84.96
RSI (14) ↑ 59.73
MACD (9) ↑ 23:09
PAR SAR (9) 1743.70 ↑
EMA (20) 1744.35 ↑
EMA (50) 1722.45 ↑

-------------S2 S1 Pivot Point R1 R2-----
1750.05 1765.60 1775.90 1791.50 1801.75

gold up chanel with small correction
if gold today stay in area 1784-1788 sinyal up R1
if gold today stay in area 1772-1768 sinyal down S1





* Category correction is relatively moderate, not accompanied by high volatility.
But the price of trying to go beyond the trendline support a marked
testing the trendline 1. Glance will match the pattern of decline
3 periods in a row that recorded last week. Thus,
tolerance is estimated to decline in the position of the 1750s.
* Since 1800 has not achieved the target resistant session yesterday, it is not
golden rule for a while moving sideways,
with trendline 1 or 23.6% Fibonacci retracement scale as the track
Its main. the existence of a price above 1700 or 1800
into the category of strong, bullish signaling that is still has the potential



info

Comex gold futures prices
for December delivery ended virtually unchanged at
trading Tuesday. Price moves tend to be lower in
early trading in the U.S. because of the strength bearish "outside markets" -
strengthening U.S. dollar index and weaker crude oil prices.
However, crude oil prices eventually rebound and
give a lift to gain gold and most of
other commodity markets.
Gold for December delivery last
traded up $ 1.20 at $ 1,779.60 per ounce level. Spot
Gold last traded decreased by $ 1.40 per ounce in
price of $ 1,779.25. Meanwhile, Comex silver for December last
traded up $ 0.471 at $ 34.495 an ounce.
Precious metals continue to be influenced by the key strengths of the market
out including the U.S. dollar index, crude oil and U.S. stock index
Europe. The U.S. dollar index traded higher again Tuesday because
perceived as a safe haven investment amid debt crisis
struck the European Union. The U.S. dollar index is gaining momentum
technically increase in the short term, be
bearish underlying fundamentals for precious metals.
Crude oil prices slightly lower Tuesday morning but
then rallied at midday and hit a 13-week
the new price of $ 99.84 per barrel. Crude oil is
power of a bullish "outside markets" for precious metals, because the price
Crude oil remains in short term uptrend.
U.S. stock indexes moved up from daily lows
they traded Tuesday afternoon, which encourages market
commodities and in turn give rise encouragement
simple for gold and silver.
Debt crisis of the European Union re-heated after the yield
European bond increases, including Italian bonds that move in
above the critical level Tuesday. Debt crisis of the European Union is still far
of the word is finished and can be increased at any time. It is still
an underlying factor for the overall bullish market
of gold.
Price fixing (fixing) in London afternoon gold to be
at the level of $ 1,785.00 compared to setting (fixing) morning at a price of $
1,776.00 per ounce.


news

Wall St. ends up on economy, Italy - Reuters, Nov 15 2011 4:23PM
Oil up on economic data despite EU contagion worry - Reuters, Nov 15 2011 4:26PM
Treasuries Fluctuate as Mario Monti Works to Form New Italian Government - Bloomberg, Nov 15 2011 4:37PM
Italian 10-year yields back above 7 percent - Reuters, Nov 15 2011 4:25PM





all original donny 1986

hey love your gold thread very interesting keep up the good work

where's donny?

1770.00 - 1800.00
Support Resistance
1 1760.00 1820.00
2 1740.00 1850.00

INDICATOR VALUE
Stoch (14) ↓ 76.09
RSI (14) ↓ 55.09
MACD (9) ↓ 21:45
PAR SAR (9) 1752.04 ↑
EMA (20) 1745.99 ↑
EMA (50) 1723.99 ↑

S2 =1736.25

S1 = 1748.90
Pivot Point = 1766.30
R1 =1779.00
R2 =1796.35


if gold stay in area 1770-1775 up to R1
if gold stay in area 1760-1756 down S1 , S2 hit target

today gold prediction 50% correction with consolidation up


* The possibility has been no significant change in outlook
corrections are still considering the moderate category, meaning that price volatility
to normal. Indeed, a cursory look stagnated marked
no range changes daily.
* Gold is also still have a chance to match the pattern of decline in three
consecutive periods that recorded last week with a range
movement between 1750 until the 1800s. As long as it can survive
until the end of this week, is punctuated by a sharp correction,
suppose for a moment through the EMA 50 (1737.41), then either a bullish signal
short and medium term is still considered to be strong.


news

Precious Metals Climb as Investor Demand Gains - Resource Investing News, Nov 16 2011 11:07PM
Augur Resources delivers more wide gold intersections at Wonogiri - Proactive Investors Australia, Nov 16 2011 11:07PM

Did you see that 1500 pip drop on XAU just now that took place in under 0.5 seconds total?

I laughed, because i thought to myself. Well... Finally the smart money has gotten about as frustrated as me waiting for it to drop lol

1700 pip

hai my friend

i see gold only daily maybe.
i'm still not understand about your talking ?

thanks

1700.00 - 1740.00 target
support Resistance
1 1685.00 1750.00
2 1650.00 1780.00
INDICATOR VALUE
Stoch (14) ↓ 60.77
RSI (14) ↓ 46.99
MACD (9) ↓ 16.98
PAR SAR (9) 1802.90 ↑
EMA (20) 1759.34 ↓
EMA (50) 1742.14 ↑

---------S2 S1 Pivot Point R1 R2--------
1676.03 1698.46 1732.68 1755.11 1789.33
gold consolidation up target pivot point but signal still corection
if gold stay in area 1739-1743 signal up r1
if gold stay in area 1723-1717 signal down S1

* The weakening gold price continues to the last session, is
decreased for 4 consecutive periods. extreme decline
This possibility will further strengthen the idea that gold will
enhance its consolidation in the pattern of channel line-up
trendline is formed from 1 and 2.
* The price of gold remains in a category that is strong enough, although
experiencing a correction in a row since early this week. as
on exposure to previous outlook that gold is expected to move
on the track or the area around the trendline on a scale of 1 or 23.6% Fibonacci

info
Gold continued decline
The biggest day for almost two months on Thursday, fell
more than 2 percent as investors fear worsening (crisis) Europe
will have a negative impact on commodities and technical triggers
encourage the sell order.
The remainder of the safe-haven buying shrink and eliminated in the
middle of the struggle to get the cash. Silver also dropped more
than 6 percent amid margin calls from outside the market because the S & P 500,
Crude oil futures, industrial metals and grains fell against the
background of global economic uncertainty and fears
euro debt.
Gold and other commodities also experienced the same thing
because the price through key technical levels. The decline accelerated
after gold broke below the 50-day moving average and upward
3-week trendline. Has now corrected about 4 percent in 4 sessions
last.
"It's all technical. Level comfortable as updated with
U.S. dollar and dollar-based assets have been taken away by every fresh
buying in the gold market, "said Carlos Perez-Santalla, precious metals broker
PVM Futures.
The decline this week has changed the tables on the market
once again began to rise toward the all-time high in September - not
because its value as a hedge against turmoil.
Over the last few weeks, gold has been screwed
by following the equity market observers, even when the debt crisis
Europe increased. This trend has been reinforced in the session Thursday because of
government debt guarantee fee 5-year French and Spanish
against default soared to record highs, but gold fell.
Spot gold fell 2.5 percent at $ 1,718.44 an ounce at 21:04
GMT. Has penetrated the low of $ 1,709.64 per ounce, the price
lowest in 3 weeks.
S & P 500 Index. SPX slid almost 2 percent of its value,
while the U.S. dollar index and U.S. Treasuries purchased as a safe
havens and back up.
December gold futures at the level of U.S. $ 1,720.20 per
ounce, down $ 54.10 or 3 percent on the day. Futures volume has been
beyond the 30-day average for the second consecutive day,
encourage slowdown last trade.
Investors liquidate positions in gold due to a variety of commodities
declined, including the Reuters-Jefferies CRB index. CRB fell more than
2 percent, the biggest decline in two months



news

Even near record high prices, gold hasn't lost its luster ... especially in Europe.

Investors in Europe purchased a record $6.2 billion in gold bars and coins in the third quarter, the World Gold Council reported Thursday.


While that's not a record in terms of weight, Europe's demand for about 118 metric tonnes nevertheless amounts to nearly a third of all the investment-grade gold demand worldwide in the quarter. It also marks a 135% surge in demand from Europe from the same quarter last year.

Worldwide, demand for gold bars and coins was up 29% compared to a year ago.

The increase in demand came even as gold became more expensive than ever. Gold prices surged 20% in July and August and briefly topped record highs above $1,900 an ounce in trading, before falling back since then.

Economic uncertainty apparently was enough to make it worth the price to many investors. The third quarter was plagued by the debt ceiling debates in the United States, the Standard and Poor's downgrade of U.S. bonds, continuing high inflation in emerging markets like China and India and perhaps the biggest driver of all -- Europe's escalating debt crisis.

"Fears generated by the deepening sovereign debt crisis in Europe were manifested in a strong desire to buy gold," the World Gold Council said.

Even foreign central banks stepped up their buying, purchasing 148.4 tonnes of gold in the quarter, up from 22.6 billion tonnes a year ago.

The U.S. dollar and the euro remain the top currencies on reserve at central banks, but "questions surrounding the creditworthiness of western governments' debt" has increased the appeal of gold as an alternative, the Council said.

Thailand, Russia and Bolivia were among the central banks that publicly disclosed gold purchases. Not all central banks report this information on a regular basis though.
Check gold prices

The London-based World Gold Council does represent the mining industry. So it is not surprising it's quick to point out what attracts many investors to the precious metal: it's a tangible asset, it can be used as a hedge against inflation and in times of economic uncertainty, it often outperforms other investments.

But some analysts aren't quite as optimistic that gold can keep up its winning streak.

"You have a continuation of patterns that should worry the bulls," said Jon Nadler, a senior analyst with Kitco Metals in Montreal.

Global demand for gold jewelry, which has typically accounted for about two thirds of all gold demand, fell 10% year-over-year and is dragging near its lowest level in 25 years, Nadler said.

Meanwhile, the gold supply is increasing. Mine output increased 5% year-over-year in the third quarter, and the supply of recycled gold rose 13% How much gold should you own?

"On the back of these numbers, I cannot be as optimistic as the Council," Nadler said, comparing economic fear to an IV line hooked up to investors. "I cannot see a healthy market being built strictly on the one component of investment demand."

Overall, global demand for gold -- in its forms as an investment vehicle, industrial material and jewelry -- rose 6% in the third quarter, the World Gold Council said.


Holdings of SPDR Gold up 0.95 pct - Reuters, Nov 17 2011 5:14PM
Gold Prices Crumble as Investors Flee to Cash - The Street, Nov 17 2011 3:38PM
CANADA STOCKS-TSX nears one-month low as commodities slump - Reuters, Nov 17 2011 4:20PM


data

Symbol Price Change Date Loc Description Fcst Prev Act
DJIA 11770.73 -134.86 17/11 CHN CB Leading Index m/m -- 0.6% 0.4%
NASDAQ 2587.99 -51.62 JPN BOJ Monthly Report -- -- --
S & P 500 1214.08 -22.83 US Building Permits 0.60M 0.59M 0.65M
FTSE 5423.14 -85.88 US Unemployment Claims 396K 393K 388K
SHICOM 2463.05 -3.91 US Housing Starts 0.61M 0.63M 0.63M
KOSPI 1876.67 20.60 US Philly Fed Manufacturing Index 8.7 8.7 3.6
IHSG 3789.56 -24.53 US Mortgage Delinquencies -- 8.44% 7.99%
EUR 1.3523 0.0059 US Natural Gas Storage 25B 37B 19B
JPY 76.9575 -0.0992 18/11 US CB Leading Index m/m 0.5% 0.2% --
RP 9000 2.5000 21/11 JPN Monetary Policy Meeting Minutes -- -- --
YUAN 6.3515 0.0064 JPN Trade Balance -- -0.02T --
NYMEX OIL 98.82 -3.77 JPN All Industrial Activity m/m -- -0.5% --

1720.00 - 1750.00
support Resistance
1 1700.00 1780.00
2 1685.00 1800.00
INDICATOR VALUE
Stoch (14) ↓ 44.03
RSI (14) ↑ 47.32
MACD (9) ↓ 13:22
PAR SAR (9) 1801.44 ↓
EMA (20) 1741.62 ↓
EMA (50) 1723.82 ↓

-------S2 S1 Pivot Point R1 R2--------

1696.85 1709.80 1723.65 1736.60 1750.50

today gold bias
if stay in area 1727-1733 signal up R1
if stay in area 1710-1706 sinyal down S2 target

* Based on the character of the movement last week in which to both
time gold prices failed to survive in the area of the 1800's level, so
This condition is likely to encourage the image of gold will
consolidate in the range 23.6% -38.2% Fibonacci retracement or
a wider range of channel line-ups.
* Although it will experience further correction, the trend of prices for
medium and long term remains bullish as long as conditions are not
critical level of penetration occurred the 1500s. Limits of tolerance
closest to the scale correction is 38.2% Fib. RETR. (1686.42). On the other hand,
did not rule out gold also had a swing, at least
to the resistance trendline 1 (the 1780s).

news

Gold makes govt richer by over Rs one-lakh cr - Economic Times, Nov 20 2011 9:31PM
Center-right roars to victory in Spain election - Reuters, Nov 20 2011 6:39PM
Gold Mines In Nc Posted By: duansnxdka - ArticleSnatch.com, Nov 20 2011 9:01PM

info

Gold futures
ended slightly higher Friday, closing some of the losses
Their last after investors spent their day to
thinking of cashing in the funds or as the relative security.
Gold moves during choppy trading session, but
investors ultimately chose to enter the weekend with
metals as their portfolio.
Gold for December delivery rose 0.34% GC1Z $ 4.90, or
0.3%, to $ 1,725.10 an ounce on the Comex division of New York
Mercantile Exchange.
It brings a weekly loss of 3.5%, to end
win a three-week run for the precious metal.
Gold was under pressure in most of the day
peradagangannya because many large funds have been selling positions in
gold and other commodities, said Frank Lesh, an analyst from
FuturePath Trading in Chicago.
Investment Fund still consider gold to the end of the year
"And see a much greater risk than opportunity
profits, "said Lesh.
Support came from some safe-haven buying
ahead of the weekend, he added.
U.S. stock markets move higher as it approaches the time
but the issues surrounding the closure of the eurozone debt crisis remains.
"The elections this weekend in Spain suggests that traders
would prefer to sell the euro-US dollar rather than to
buy, "said Chintan Karnani, chief analyst at Insignia
Consultants in New Delhi. Day "on the movement of commodities and
equity markets also suggests that investors prefer to
choose cash / cash. "
The Dow Jones Industrial Average was 0.22%. Meanwhile, the Euro
traded at $ 1.3522, inching up from $ 1.3458 on
trade in North America on Thursday night. Read more
about the actions of currency.
In order for the price of gold rises, the U.S. stock market also needs to go up, says
Karnani. On a technical basis, failure to penetrate the Comex gold
and in trading of more than $ 1,741 during this session may be
lead fell to $ 1,705 and $ 1,686, he added.
Gold seems unaffected by data showing
that the risk of recession has receded. The Conference Board reported
that on Friday, the Human Development index of leading economic
grew 0.9% in October, the largest growth since Februari

data usa

Symbol Price Change Date Loc Description Fcst Prev Act

DJIA

11796.16 +25.43 18/11 US CB Leading Index m/m 0.5% 0.1% 0.9%

NASDAQ

2572.52 -15.49 21/11 JPN Monetary Policy Meeting Minutes -- -- --

S & P 500

1215.65 -0.48 JPN Trade Balance -0.2T -0.02T --

FTSE

5362.94 -60.20 JPN All Industrial Activity m/m -0.9% -0.5% --

SHICOM

2416.56 -46.48 US Existing Home Sales 4.82M 4.91M --

KOSPI

1839.17 -37.50 22/11 US Prelim GDP q/q 2.5% 2.5% --

IHSG

3754.50 -37.75 US Prelim GDP Price Index q/q 2.5% 2.5% --

EUR

1.3525 +0.0067 US Richmond Manufacturing Index -2 -6 --

JPY

76.9080 -0.0738 US FOMC Meeting Minutes -- -- --

RP

9020.00 +20.00 23/11 JPN Bank Holiday (Labour Thanksgiving Day) -- -- --

YUAN

6.3551 +0.0036 CHN HSBC Flash Manufacturing PMI -- 51.0 --
NYMEX OIL 97.67 -1.26 US Core Durable Goods Orders m/m 0.1% 1.8% --

USA---------------------
Dow Jones over the past week
fell 2.9% over market concerns over rising bond yields
Italy and Spain. The cost of borrowing was no longer sustainable.
Analysts had worried that the European bond yields
overall borrowing costs to rise so do not
sustainability (sustainable). This week, the Spanish pay nearly
7% yields on bonds with a tenor of 10 years. In fact, yield
bonds with a tenor of 5 and 10 years rose to over 7%.
This condition, triggering fears of another market that is
negative pressure on banks in Europe, which is
large holders of European sovereign debt. At the same time,
European Central Bank (ECB) to report how much debt
purchased at the beginning of last week.
Meanwhile, David Ader, head of the Treasury Strategic
CRT Capital said, the range of the current yield bond market
The U.S. actually reflect better data when there
concerns about Europe. He noted, in the past week
foreign central banks buy U.S. $ 31.7 billion in Treasury securities
which is the fifth biggest week ever.
U.S. bond yields with 10-year tenor, at the level of 2.012%
or lower than the previous week. "If we only focus
on U.S. trade events, the U.S. bond yield should be
rose 35 to 40 basis points higher, at least in 10
years, "Ader said, as quoted by CNBC, Saturday (19/11).
Because the interbank lending market clearly shows
the problem. "All the banks that make me bleed
worried, "said Ader." world's central banks can provide
of liquidity. But, that does not mean everything is going well and good. "
On the other hand, the Federal Reserve The Fed on Tuesday
(22/11) expected to release the minutes of last meeting. Outcome
minutes will be scrutinized by investors for any discussion of
what might trigger further easing.
Fed officials, in a number of speeches in the past week,
talk on both sides of the issue of easing monetere.
Meanwhile, Chicago Fed President Charles Evans, different
opinion alone at the last meeting.

Prediction valid for 2 hour

If runing don't break up 1725

we have type chandel evening star ( time frame 15 m)

sell area 1722.00

SL 1725.00
TP 1715.00

It time to take profit

yes , ithink after down big correction will be bargain hunting for little

1680.00 - 1710.00
support Resistance
1 1660.00 1725.00 target
2 1640.00 1740.00

INDICATOR VALUE
Stoch (14) ↓ 25.27 DOWN
RSI (14) ↓ 40.33 DOWN
MACD (9) 7:11 ↓ DOWN
PAR SAR (9) 1799.62 ↓
EMA (20) 1735.89 ↓
EMA (50) 1722.16 ↓

S1 S2 = support R1 R2 = Resistance

-----------S2 S1 Pivot Point R1 R2------
1630.80 1656.15 1691.30 1716.65 1751.80

gold today will be consolidation up but signal correction technical
if gold stay in signal 1695-1697 up to R1
if gold stay in area 1666-1660 signal down to S1




* The price of gold started the movement in negative territory, this
while strengthening the image of that consolidation in the area upchannel
line as the exposure outlook yesterday, the possibility
will be realized. Support Centres will escort the movement of this
is the 38.2% Fibonacci retracement scale.
* Hope rebound not expected to appear in area 1700,
despite the mild category. If followed by a strong penetration in the
1700, then projected to the trendline 2 will open. although
Thus, this reduction is still not change the bullish price trend
especially medium and long-term.

INFO CORNER
Comex gold futures prices
for December fell sharply and touched the lowest level in four
week. Strengthening the U.S. dollar, falling oil prices
and other market commodity prices, a bearish element
work contrary to the noble metals on Monday.
Gold for December delivery last traded
down $ 50.10 at $ 1,675.00 per ounce. Spot gold
last traded down as much as $ 49.80 per ounce in
price of $ 1,675.50. While silver Comex for December last
trading down $ 1.277 at $ 31.14 per ounce.
Indeed, in Monday's trading was focused on the problem
disputes among U.S. lawmakers about the cuts
budget deficit and combined with fears of crisis
EU debt markets so that puts the world on the brink
once more. It supports an increase in U.S. dollar index and
U.S. Treasury market, but put pressure reducing prices
pretty solid in other markets, including precious metals.
Suppercommittee of the U.S. Congress have failed to agree on
budget cuts by the deadline for the agreement will
occurred this week. Meanwhile, the debt crisis of the European Union continues
gives the uncertainty in the market. This week, France has
creeping into the picture of Moody's, which the U.S. credit agency
warned that France is still vulnerable to
debt crisis of the European Union. European bond yields rose again this week,
which is a measure of confidence or lack of confidence
from investors, in the EU.
The U.S. dollar index reached a six-week highs on the day
Monday. Bullish on the U.S. Dollar Index has the technical momentum
rise to short-term and which is still a factor
underlying bearish for precious metals market. In the meantime,
Crude oil prices traded lower Monday after
peaked above $ 100 per barrel last week, so this
suggests that bullish on the oil begins to fade.
London gold price fixing for the evening is is on
level of $ 1,702.00 compared

U.S. stocks slumped on
trade Monday, giving the Standard & Poor's 500 Index
the longest decline since September, due to concerns that
growing that the federal budget cuts automatically worth
$ 1.2 trillion will be triggered if lawmakers fail to reach
the agreement.
All of the 10 industries in the index measuring down, with 468
than 500 companies experiencing a correction. Bank of America Corp.
fell 5 percent and the largest losses recorded on sector
finance. Hewlett-Packard Co. and Caterpillar Inc. fell at least
2.9 percent. The Dow Jones Transportation Average slipped 2.3
percent. Gilead Sciences Inc. fell 9.1 percent after agreeing to
Pharmasset Inc. purchased approximately $ 11 billion in cash.
Pharmasset shares jumped 85 percent.
S & P 500 Index fell 1.9 percent to a level of 1,192.98 in New
York. The benchmark index has lost 5.2 percent in
the last four days. The Dow Jones Industrial Average fell
248.85 points, or 2.1 percent, to 11,547.31 today position
after supercommittee created to cut deficit
will be ready to fail to reach agreement.
Today is the deadline for the Congressional Budget Office
receive information in print proposals before the target of
supercommittee November 23 to achieve
the agreement. The 12-member bipartisan supercommittee
seem to be saying to not be able to achieve
agreement in terms of deficit savings, according to a
auxiliary of the Democratic Party.
S & P 500 index could fall to 1100 if supercommittee
failed to reach an agreement, according to Goldman Sachs
Group Inc.. As it is said that the failure of lawmakers
'to approve at least the minimum savings
required to demonstrate "inability to elected officials
to act in the best interests of long-term
all Americans

NEWS
Gold Prices Get Slaughtered as Deflation Fears Reign - The Street, Nov 21 2011 1:27PM
Brazil invests $2.4b in gold production - Saudi Gazette, Nov 21 2011 6:20PM ( MAYBE CAN BE UP AGAIN )
Accidents claim three lives at South African platinum mines - Mining.com, Nov 21 2011 6:31PM


DATA REPORT
Symbol Price Change Date Loc Description Fcst Prev Act
DJIA 11547.31 -248.85 21/11 JPN Monetary Policy Meeting Minutes -- -- --
NASDAQ 2523.14 -49.36 JPN Trade Balance -0.2T -0.02T -0.46T
S & P 500 1192.07 -23.58 JPN All Industrial Activity m/m -0.9% -0.5% -0.9%
FTSE 5222.60 -140.34 US Existing Home Sales 4.82M 4.91M 4.97M
SHICOM 2415.13 -1.43 22/11 US Prelim GDP q/q 2.5% 2.5% --
KOSPI 1820.03 -19.14 US Prelim GDP Price Index q/q 2.5% 2.5% --
IHSG 3679.83 -74.68 US Richmond Manufacturing Index -2 -6 --
EUR 1.3497 -0.0027 US FOMC Meeting Minutes -- -- --
JPY 76.9550 +0.0470 23/11 JPN Bank Holiday (Labour Thanksgiving Day) -- -- --
RP 9052.50 +32.50 CHN HSBC Flash Manufacturing PMI -- 51.0 --
YUAN 6.3616 +0.0065 US Core Durable Goods Orders m/m 0.1% 1.8% --
NYMEX OIL 97.25 -0.42 US Unemployment Claims 387K 388K --


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