XAU/USD Daily Technical Analysis

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Gold Respects Channel Support; Trading Toward 1800

Since breaking the declining trendline seen in the daily chart, gold (XAU/USD) has rallied to the first target/resistance level near 1760

By Fan Yang, CMT | Feb 08 | FX Times

Gold Over $1740 in Asia Trading

Gold has surged 21 percent in 2011, gaining for an 11th year, as the sovereign-debt crisis and a faltering economy boost demand for the metal as a protection of wealth.

By Shayne Heffernan | Aug 09 | LiveTradingNews

GOLD: Maintains Above The 1,329.25 Level

The commodity maintained a marginal close above the 1,329.25 level to keep the possibility of further recovery on the cards. As long as it can hold above the 1,329.25 level, its Dec 16'2010 low we see further recovery risk being triggered towards the 1,152.95 level, its Jan 24'2011 high.

By Mohammed Isah | Feb 07, 2011 | FX Tech Strategy

Profit taking techniques dominate trading

Gold declined severely yesterday while negative pressures continued to influence trading today, a profit taken techniques dominated the market, where we witnessed a decline in the S&P GSCI index by 4.84 point to close at 629.99, meanwhile the RJ/CRB index lost 1.44 points to close at 331.39.

Jan 28, 2011 | ecPulse.com

Gold Daily Technical Outlook

With 4 hours MACD crossed above signal line, a temporary low is in place at 1337 and intraday bias is turned neutral. Some sideway consolidations might be seen. But after all, break of 1392.9 resistance is needed to indicate short term bottoming. Otherwise, another decline will remain in favor. Below 1337 will target 1329 key support level next.

Jan 24, 2011 | Oil N'Gold

Silver Daily Technical Outlook

With 4 hours MACD crossed above signal line, a temporary low is in place at 27.08 and intraday bias is turned neutral for the moment. Some consolidations might be seen first. But after all, break of 29.825 resistance is needed to indicate that fall from 31.275 is finished. Otherwise, another decline is still in favor. Below 27.08 will target medium term retracement level at 26.103.

Jan 24, 2011 | Oil N'Gold

GOLD: Rejects Higher Prices, Weakens

With a second day of downside weakness seeing the commodity breaking below the 1,365.15 level today, risk of a recapture of the 1,352.70 level is envisaged. This will bring further losses towards the 1,350.45 level, its Nov 26'10 low and subsequently the 1,329.25 level, its Dec 16'2010 low.

By Mohammed Isah | Jan 15, 2011 | FX Tech Strategy

Forex Resistances and Supports updated: January 4th, 2011

Daily, weekly and monthly Pivot Points, Support & Resistance Levels for EURUSD, USDCHF, GBPUSD, USDJPY, EURJP, EURCHF, EURGBP, AUDUSD, NZDUSD, USDCAD, GBPJPY, AUDJPY, CADJPY, CHFJPY, EURAUD and XAUUSD (Gold).

Jan 04, 2011 | Forextribe

Forex Resistances and Supports updated: December 30th, 2010

Dec 30, 2010 | Forextribe

Gold inches up, heading for the fifth consecutive monthly gain

The precious metal ticked up on Wednesday to continue its rise for the fourth straight session as fears concerning European debt crisis and US recovery spurred demand on the metal as safe haven asset.Gold rebounded today from a low of $1402.24 an ounce to touch a high of $1409.00, where it is currently trading at $1407.90.

Dec 29, 2010 | ecPulse.com

Forex Resistances and Supports updated: December 29th, 2010

Dec 29, 2010 | Forextribe

US Dollar Finds Support as Stocks, Key Commodities Position to Decline

The greenback has found support at a rising trend line connecting major swing lows since prices broke out a falling channel that had guided a five-month downtrend since early June. Initial channel-line resistance lines up at 81.20, with a break above that clearing the way for a run at November's top at 81.4.

By Ilya Spivak | Dec 29, 2010 | DailyFX