Gold Price Trend Prediction; 21 October 2011

Today gold bullion price   1621 Usd/Ounce , 3.50 pm
Gold Price and Trend Forecast :   Sideway Down

Resistance                            1614.8  1618.5  1622.1   / 1653.1
Support                                 1591.2  1587.5  1583.9 / 1551.9
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 down.
Day gold trading :         Short  1622-1633, exit  1605-1610, stop loss 1643
Day Eur/Usd trading ;    Buy   1.3585--1.3665, exit  1.3685--1.3695,  stop loss 1.3500
                           or     Short 1.3775--1.3842 , exit 1.3745--1.3755, stpo loss 1.3888       
Monthly Oil trading;    Buy 82,80  , exit 84.80 ,  stop loss 80.80
Written by Paul711