Gold Price Trend Prediction; 24 October 2011

Today gold bullion price   1648 Usd/Ounce , 3.41 pm
Gold Price and Trend Forecast :   Sideway Down

Resistance                            1662.1  1666.5  1670.8   / 1797.8
Support                                 1633.9  1629.5  1625.2 / 1588.2
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  1660-1670, exit  1640-1645, stop loss 1680
Day Eur/Usd trading ;    Buy   1.3779--1.3802--1.3825, exit  1.3845--1.3855,  stop loss 1.3770
                           or     Short  1.3975 , exit 1.3945--1.3955, stpo loss 1.4021       
Monthly Oil trading;    Buy 82,80  , exit 84.80 ,  stop loss 80.80
Written by Paul711