Gold (^XAUUSD) Analysis 22-10-2012

Analysis of XAU/USD , for 22-10-2012 By Taqi Niaxee

According to my personal experience the GOLD still have very strong position against the USD. 

Overall Average: 52% Buy

Forex Quote as of Sunday, Oct 21st, 2012 

High	1,726.68	Low	1,713.39
52Wk High 1,802.69                      Since 11/08/11 (-4.22%)		52Wk Low 1,522.53       Since 12/29/11 (+13.41%)
Open	1,721.55	Prev Close	1,721.32
Volume	40,583	Avg Volume	183,994
Weighted Alpha	+1.89	Standard Dev	+0.52
20-Day Average 1,760.24		100-Day Average 1,659.57
14-Day Rel Strength 42.06%		14-Day Stochastic 16.09%
Trend Spotter	Sell	Trend Strength	Average

Support & Resistance

2nd Resistance Point		1,753.28
1st Resistance Point		1,749.45
1st Support Level		1,711.33
2nd Support Level		1,701.32