Updated the:

01/20/2011

XAU/USD (Gold) Technical Analysis comments :

Sentiment:

sentiment

The pair XAU/USD reached the resistance at 1380 and is now taking up is bearish movement towards 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