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 1829.60gold 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 --