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

Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here The content provided by is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.