In short term US gold futures continue to resist at $1775 levels & hence a clear break above that level is needed to confirm bullish trend.

In short term US gold futures continue to resist at $1775 levels & hence a clear break above that level is needed to confirm bullish trend.

In short term US gold futures continue to resist at $1775 levels & hence a clear break above that level is needed to confirm bullish trend.

Live Tele-Conference with Mr.PrataP Kolagatla, Chairman, sQuareindia Group on Commodity Market Trend, Today 2-6pm @ 08922222666
-sQuareindia

21 Analysts Survey about Next Week Gold:
15 Forecast Rise.
4 Said Fall.
2 Member Neutral.
-sQuareindia.com -an ISO 9001:2008 Certified.

Deutsche Bank analyst expect Gold to reach $2000 by 1H 2013, Bank of America Merrill Lynch analyst predicted Gold to end at $2400 in 2014.

"Gold may rise to $1789-$1802, a break of $1742 will bring correction in the market."
-PrataP Kolagatla
Chairman, sQuareindia Group

"Gold may rise to $1752 to $1767 with support of $1702 which is considered as good support level."
-PrataP Kolagatla
Chairman, sQuareindia

TrendLine:
#Gold Down(-2.90) due to Strengthening Dollar
#Gold Down(-2.10) due to Predominant Sellers
#Finally Gold Losses -5$
-sQuareindia

"Gold will continue its gains finding resistance around $1714-$1726 with market supporting at $1665"
-PrataP Kolagatla
sQuareindia.com