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1 Gold Daily Technical Report Sept 30,2013 on 30th September 2013, 7:43 pm

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Potential short-term higher low in place.
• Gold has potentially put in place a higher low at 1306 (24/09/2013 low), suggesting weakening short-term selling pressures. An initial resistance is given by the declining trendline (around 1355). Another resistance stands at 1376.
• 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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