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 Gold (GC.FUT) - Close: 1 198.10 (-26.20), Oct 30, 2014

Chart Technical Analysis Gold (GC)

 Negative Candidate -Short term, Oct 30, 2014Analysis Explanation
Gold shows a weak development within a falling trend channel. A further negative development is indicated, and there is resistance against the ceiling of the trend channel. The future is approaching the support at 1193, which may give a positive reaction. Negative volume balance weakens the future in the short term. The future is overall assessed as technically negative for the short term.

1 day-0.84%0.76-2.14%
5 days-73.152.65%0.32-2.59%
22 days-23.316.79%0.34-0.84%
66 days-17.7512.67%6.76-7.85%
Trend -23%1168.41 - 1238.35


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Titlex

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