The gold declined massively hitting the major support at 902.25, yet technical indicators showed that the gold will reverse back to the upside direction once again with heavy volume to set the gold up again.

The trading range for today will be between the key resistance at 900.00 and the key support at 850.00.

The general trend is up as far as 810.00 remains intact targets now at 960.00 and 1000.


Resistance913.65 915.00 917.40 919.50 922.15


We expect buying gold above 908.40 with a target at 918.20, stop loss below 904.00