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| Updated the: 01/24/2013 |
XAU/USD (Gold) : Medium term bearish channel |
Sentiment :  1680  1680  |
--- Follow up analysis --- I advise traders to trade Gold according to the key level at 1680 points: - Only short positions if 1680 points is broken. Downward breaks of 1670 and then 1660 points will then offer new sell signals for an extension of the downtrend. - Only long positions above 1680 points. Upward Breaks of 1680 and 1700 points will give new buy signals for an extension of the bullish movement. Full analysis |
| - Complete sheet of GOLD - Previous GOLD Analysis - |
| Chart of GOLD - Timeframe 1H | |
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