Gold, Tuesday forecast, September 17
A downtrend will start as soon, as gold drops below support level 1496, which will be followed by moving down to support level 1488 - 1485. An uptrend will start as soon, as gold rises above resistance level 1497, which will be followed by moving up to resistance level 1500 and if it keeps on moving up above that level, we may expect gold to reach resistance level 1506.
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Weekly forecast, September 16 - 20
The uptrend may be expected to continue, while gold is trading above support level 1495, which will be followed by reaching resistance level 1523 - 1534. A downtrend will start as soon, as gold drops below support level 15495, which will be followed by moving down to support level 1479.
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