XAU Trading Outlook (23-05-2012)
Gold (XAU) was subjective to selling interest in early Europe, as market looked to its previous night failure to break 1600 as a technically negative, taking out a key Fibonacci number of 1582 on the downside, setting a new weekly low of 1562. XAU continued its decline into Asian Wednesday trading toward 1556.00
Back to XAU Trading Outlook Archive