RANGE 1740.00 - 1760.00
Support Resistance Level
1 1720.00 1780.00
2 1700.00 1800.00
INDICATOR VALUE
STOCH (14) ↑ 87.17
RSI (14) ↑ 60.28
MACD (9) ↑ 2.69
PAR SAR (9) 1708.74 ↑
EMA (20) 1728.02 ↑
EMA (50) ↓ 1722.00
Outlook in 2 sessions in the future may not yet be experienced
changes as long as no strong penetration level of 1760.
Meanwhile, the total gain of almost 80 points taken gold
about 3 weeks, which is based on 1680's level, still
considered reasonable. But in that period are still visible
sideways pattern which generally does not provide trend
direction of movement of gold. In terms of short-term trends, opportunities to
1760's remain open and will be corrected back as
pattern shown in the period November 2011.
S2 S1 Pivot Point R1 R2
1741.63 1745.17 1748.73 1752.27 1755.83
Bullion traded in a range which is only $ 7, one
the narrowest this year, after a rally on Friday to its highest level
in more than a month.
Traders gradually return from holiday
Thanksgiving in America, and beyond market volatility also fell.
that gold could benefit if
The IMF and the eurozone do not reach an agreement to release
further cash aid to Greece.
Trading volume was relatively higher than normal for
The second time, mostly because Comex contract rollover ahead
for the month of December will expire on Tuesday.
U.S. gold futures for December delivery on the Comex in New
York settled down $ 1.80 at $ 1749.60 per ounce level with
trading volume of approximately 20% above the average 250-day