Gold /USD Technical
Analysis /05.15.2013/ MBCFX
We notice
that The GOLD/USD has formed a bearish trend through the Heiken Ashi indicator,
we also followed the Divergence form on the daily chart, so we expect further
decline of the gold , and the next expected
general target will be to the 1325 dollars per ounce.
Concerning
today trading , we expect some increase of the Gold prices to retest the key
support levels of 1426 and 1430.
We recommend our dear
traders to register in our professional daily Newsletters, and start receiving the
trading
signals and real time alerts
on:
- When to buy/sell
- Enter end Exit points
- Take Profit/ Stop Loss
- Technical / Fundamental analysis
- Support/ Resistance levels
- Economic calendar
- Major events to watch