Forecast On Spot Gold: Spot Gold, NZD/USD, USD/SGD

SPOT GOLD closed at 14580 which was BELOW the open and was within prior day's trading range. The High was 0.5 Dollars from Precise Trader's Res Zone 1 and the Low was 3.5 Dollars from Precise Trader's Sup Zone 5 (U Turn Zone).

The Hourly Oscillators are Bearish and the Price is Below the MA, so the Bulls have to be Sidelined. Hourly Trend is Sideways while 14730 holds and Daily Trend is Limited Down while 15630 holds, so expect the price to be Choppy until Breakout.

The Daily Closed
BULLS: 14520 14470 14400
BEARS: 14650 14725 14788

Today's Strategies: Trade at the Bulls and Bears Levels only price targets.

NZD/USD

NZD/USD closed at 8395 which was UNCHANGED from the open and was within prior day's trading range. The High was 5 pips from Precise Trader's Res Zone 4 and the Low was PRECISELY at Precise Trader's Sup Zone 2.

The Hourly Oscillators are Bearish and the Price is Below the MA, so the Bulls have to be Sidelined. Hourly Trend is Sideways while 8485 holds and Daily Trend is also Sideways while 8360 holds, so expect the price to be Choppy until Breakout.

The Daily Closed >S1 - it is in a Range with a Downside bias and 8545-95 are the Bearish Violation Zone . The Patterns are suggesting a range with a potential to break lower. The 15min is in a Range until the breakout . The Bearish Violation Zone is 8430-8475 levels and the PT Anchor Low/ High is 8350-8420 levels.

USD/SGD

USD/SGD closed at 12335 which was ABOVE the open and was within prior day's trading range. The High was 10 pips from Precise Trader's Res Zone 2 and the Low was 15 pips from Precise Trader's Sup Zone 1.

The Hourly Oscillators are Bullish and the Price is Above the MA, so the Bears have to be Sidelined. Hourly Trend is Turning Up while 12265 holds and Daily Trend is Sideways while 12530 holds, so expect the price to Turn Up Soon, so the Bears may stay Sidelined and the Bulls get ready to pull the Trigger.

The Daily Closed > R2 - it is creeping higher and it is in a Corrective Up Mode and 12395-12445 are the Bearish Violation Zone. The Patterns are suggesting higher highs are expected. The 15min is creeping higher and expected to continue up. The Bullish Violation Zone is 12270-12300 levels and the PT Anchor Low/ High is 12330-65 levels.