XAU Trading Outlook (26-02-2016)

SPI 200‏ (ASX)‏ (H6) Intraday: the downside prevails.

Pivot: 4895

Our preference: short positions below 4895 with targets @ 4800 & 4775 in extension.

Alternative scenario: above 4895 look for further upside with 4970 & 5010 as targets.

Comment: as long as 4895 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:
5010
4970
4895
4847 Last
4800
4775
4730

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.