Gold Forecast: Trading Along An Uptrend

 | Jul 31, 2013 03:49AM ET

The pair is trading along an uptrend.

The uptrend may be expected to continue while pair is trading above support level 1329, which will be followed by reaching resistance level 1341.

An downtrend will start as soon, as the pair drops below support level 1329, which will be followed by moving down to support level 1326 and then 1321.

Supports: 1332, 1329, 1326, 1321
Resistances: 1337, 1341