I got 1oz Kijang emas.. willing to sell at RM9500 (since i know gold price is being manipulated)....

Gold is decreasing again, last chances to buy more tomorrow.

Gold now at RM 183.10 (Maybank) and USD$ 1,780. The ringgit is dropping drastically as well. SGD is now at 2.49 while USD is 3.13. As long as the ringgit continues to drop, we wont see low prices in gold.

I am more concern on the FED meeting and what Mr.Ben talk later

Gold price drop because of US currency increasing by days and investor selling gold to cover stock market.
US Euro panic now circling the money around nothing is up.

Gold will going up as soon as Euro market open.

Commentary from Franklin Sanders, Goldprice.Org today in case you miss it :

WEDNESDAY, SEPTEMBER 21, 2011

Watch that $1,770 Gold Price Support - If that Breaks, Look for $1,705 Next

TODAY something odd happened to the US dollar. It reached support at 76.80, then Comrade Chairman Ben Bernancubus announced that the Fed will shift its US treasury debt holdings to longer term bonds. The Nice Government Men will buy $400 billion of 6 to 30 year bonds over the next 9 months, while selling an equal amount of 3-year or less debt. Object of this manipulation is to push down long term interest rates, flooding the market with artificially cheap money which under their Keynesian thinking means that business will flourish. It won't, as even this natural born fool from Tennessee could tell them, it will only prolong the waste and pain and waste more precious resources. These people ain't got the brains God gave a screwdriver.

The Fed's announcement -- or alien messages from outer space -- sent the dollar index gapping up and it is now trading at 77.304, up 27.4 basis points but most important of all, tapping on that 77.40 resistance that has stymied it this week. Dollar is going higher, count on it, hard as the NGM try to keep it down.

Naturally the Euro dropped 0.42% to 1.3659, on its way to 1.3000. Yen gained 0.36% to 130.58c/Y100 (Y76.58/$1). Fed's move hasn't helped the program of raising the euro very much. What a bunch of goofs. It's like watching the movie, "Three Stooges Run the Central Bank."

And the Three Stooges helped the stock market today, too. Dow lost a modest 283.82 (2.49%), holding on most of the day but then sinking like a rock in a churn after the Fed announcement. Dow closed 11,124.84, while the S&P fell even further, 2.94% (35.33) to 1,166.76. If every doctor was as skilful as Dr. Ben, we'd have a building boom in this country -- building cemeteries.

I don't know why the GOLD PRICE fell today -- dollar up, gold down? Technically it's already in a decline, so most likely it's merely following through to the downside. Gold closed down $1.10 at $1,805.80 on Come, but in the aftermarket has lost nearly $20 to trade at $1,786.90.

Gold's five day chart has strong support at $1,780 and stronger still at $1,770. Picture's not as clear as you might think, as yesterday's action looks like an impulsive move up, and today's might be merely a correction to yesterday.

Awww, stop over-complicating things! Watch that $1,770 support. If that breaks, look for $1,705 next. Overhead GOLD would have to earnestly challenge $1,920 to reverse course. No point in talking about upside, though, until and unless gold first clears its 20 day moving average at $1,822.

@jphlau - it's reversing very quickly...now it's below the cloud. See the (a) link from my post earlier, the explanation is clearer there.

As Quinn mentioned, the charts indicate bearish. Prices will drop. Seem to correlate with the goldprice news per what hongchai posted i.e. price is likely to drop further. Unfortunately for us Malaysians, USD is going up also, so MYR goldprice probably won't drop significantly for now.

Will be away shortly.

High possibility during US market open later, but hope Asia market wont push up too much before Malaysia market open tomorrow. 

dang..... gold price free falling.....

Quinn...u mean selling as in selling gold in forex? 

gold price hovering around 1728, got a bit resistance here... if really break 1700 ...gold will again free falling to 1645+ dang....

Prices in Malaysia will still be high due the strengthening dollar. Right now its trading at 3.17 to the Ringgit. Gold is at US$1,737. Maybank still holding at RM 180.67.

Its dangerous to buy gold now. The only thing keeping gold prices here in Malaysia high is the US dollar. But the USD wont stay up for long. The Feds will start to liquidate the dollar soon as the high dollar is hurting exports. The same as what happened to the Swiss Franc. And when the dollar drops, the gold prices in Malaysia will drop much lower. I would advise caution and a wait & see attitude now.

Assuming the dollar drops to its 'normal' price, and world gold prices remain at current levels, we would be looking at RM 170+ for gold in Malaysia. But if gold drops below 1,700 and the dollar retreats, then we could see gold prices in Malaysia drop to below RM 170 soon.

Alot will depend on the decision by EU and IMF whether to make another payment to Greece or not by October. Right now most investors are dumping gold to raise money to cover losses. But this selldown might continue until maybe around 1,680 before everybody starts buying again.

Gold sky rocket back, will we see 1800 soon?

I think 1700 will be breached with the current sentiment...I've been observing the gold price movement and there is too little momentum to the upside....note the Fed announcement was just 2 days ago...so it still has more room to drop...