Updated the:
01/17/2011
XAU/USD (Gold) Technical Analysis comments :
Sentiment:

sentiment

The pair XAU/USD well continued its bearish movement after its return below 1380. The pair is currently testing the support at 1360. All indicators are bearish. We maintain to trade only short positions as far as 1375 is resistance. The breakout of 1360 will give a new sell signal. The next support is at 1350.

XAU/USD

XAU/USD