XAU Trading Outlook (12-02-2016)

Gold spot Intraday: further advance.
Pivot: 1215.00

Our preference: long positions above 1215.00 with targets @ 1247.00 & 1258.00 in extension.

Alternative scenario: below 1215.00 look for further downside with 1205.00 & 1198.00 as targets.

Comment: the immediate trend remains up and the momentum is strong.

Supports and resistances:
1274.00
1258.00
1247.00
1239.00 Last
1215.00
1205.00
1198.00

Ticker : GOLDS
Back to XAU Trading Outlook Archive

join THOUSANDS OF other people
who trade with easymarkets

Two minutes is all it takes.

You're almost there!

Finish your application and start trading today.

DON'T MISS A TRADING OPPORTUNITY

Two minutes is all it takes.