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1 Gold Daily Technical Report Sept 25,2013 on 25th September 2013, 9:53 pm

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Await fresh signal.
Remains in a short-term declining trend.
• Gold has failed to move above its resistance area near 1376 (see also the declining trendline and the low of the broken rising channel).Supports stand at 1292 and 1268. An initial resistance can be found at 1340 (intraday high).
• The medium-term technical configuration remains biased to the downside given the break of the rising channel and the longer term bearish trend. Key supports are at 1268 and 1181, while a key resistance stands at 1434.


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