Gold Price Trend Prediction; 31 October 2011

Today gold bullion price   1717 Usd/Ounce , 3.34 pm
Gold Price and Trend Forecast :   Sideway Up

Resistance                            1739.6  1742  1744.3   / 1764.7
Support                                 1724.4  1722  1719.7 / 1699.7
Predicted by Paul711
From daily gold chart and indicators of slow stochastic, Rsi,
Macd, Moving average point that 
gold is in the trend of sideway up.
Day gold trading :         Short  1740-1745, exit  1720-1730, stop loss 1755
Day Eur/Usd trading ;    Buy 1.3960--1.3985, exit  1.4105--1.4115,  stop loss 1.3900
                           or     Short 1.4157--1.4172, exit 1.4127--1.4117, stpo loss 1.4200  
Monthly Oil trading;    Buy 86,80  , exit 88.80 ,  stop loss 84.80
Written by Paul711

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