Gold Forecast: September 06, 2013

 | Sep 06, 2013 06:10AM ET

Gold Forecast

The pair is trading along a downtrend.

The downtrend may be expected to continue while pair is trading below resistance level 1376, which will be followed by reaching the support level of 1346.

An uptrend will start as soon, as the pair rises above resistance level 1393, which will be followed by moving up to resistance level 1412 - 1418.

Supports: 1365, 1346

Resistances: 1376, 1393, 1412, 1418