XAU Trading Outlook (15-07-2015)
GOLD
Pivot: 1158
Likely scenario: Short positions below 1158 with targets @ 1150.8 & 1147 in extension.
Alternative scenario: Above 1158 look for further upside with 1164.3 & 1167.7 as targets.
Comment: As long as 1158 is resistance, likely decline to 1150.8.

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