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Wednesday, August 29, 2012

Gold Trend AUG 29 10.14 A.M. GMT

 AUG 29
10.14 A.M. GMT
Today gold bullion price   1665  Usd/Ounce , 10.14 a.m GMT
Gold Price and Trend Forecast :   Sideway Up.

Resistance                    1677.7  1679.5  1681.2  / 1696.2

Support                        1666.3  1664.5  1662.8 / 1647.8

From daily gold chart and indicators of slow stochastic, rsi,
Macd, Moving average point that  gold price is in the trend of sideway up.

Day gold trading : Buy  1656-1662 , 
exit  1670--1672, stop loss 1651
YOU SHOULD NOT TAKE ANY MATERIAL posted on this BLOG AS RECOMMENDATIONS TO BUY OR SELL GOLD OR ANY OTHER INVESTMENT VEHICLE LISTED.
Do your own due diligence.   
No one knows tomorrow's price or circumstance.  
I intend to portray my thoughts and ideas on the subject which may s be used as  a tool for the reader.  
 I do not accept responsibility for being incorrect in my speculations on market trend. 
King Regards

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