Gold Technical Chart | 26-Sep11

Gold is in bull run in weekly and monthly charts. But its daily chart something else.

This is the technical chart of Gold with Doda-Donchian and Doda-Bbands indicators. They have given Sell signal @1789 and after breaking the important level of 1761.40, Gold is in downtrend. Its major support levels are @1601 and 1552 and on the upside, its resistance is @1728. Watch these levels carefully.