Gold Price Trend Prediction; 20 October 2011

Today gold bullion price   1621 Usd/Ounce , 3.42 apm
Gold Price and Trend Forecast :   Sideway Down

Resistance                            1648.9  1652  1655   / 1681
Support                               1629.1  1626  1623 / 1597
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  1645-1650, exit  1625-1630, stop loss 1660
Day Eur/Usd trading ;    Buy   1.3636 , exit  1.3656--1.3666,  stop loss 1.3536
                           or     Short   1.3798-1.3848 , exit 1.3758--1.3768, stpo loss 1.3888       
Monthly Oil trading;    Buy 82,40  , exit 84.40 ,  stop loss 80.40
Written by Paul711