GOLD Pivot: 1172 Likely scenario: Short positions below 1172 with targets @ 1162 & 1156 in extension. Alternative scenario: Above 1172 look for further upside with 1181 & 1184.5 as targets. Comment: As long as 1172 is resistance, likely decline to 1162.
XAU Trading Outlook Archive
Oil & Gold (XAU) Trading Outlook (23-10-2015)
October 23, 2015Oil & Gold (XAU) Trading Outlook (21-10-2015)
October 21, 2015GOLD Pivot: 1169 Likely scenario: Long positions above 1169 with targets @ 1184.5 & 1190 in extension. Alternative scenario: Below 1169 look for further downside with 1163 & 1158 as targets. Comment: The RSI is mixed to bullish.
Oil & Gold (XAU) Trading Outlook (20-10-2015)
October 20, 2015GOLD Pivot: 1180 Likely scenario: Short positions below 1180 with targets @ 1163 & 1158 in extension. Alternative scenario: Above 1180 look for further upside with 1184.5 & 1190 as targets. Comment: As long as 1180 is resistance, likely decline to 1163.
Oil & Gold (XAU) Trading Outlook (19-10-2015)
October 19, 2015GOLD Pivot: 1184.5 Likely scenario: Short positions below 1184.5 with targets @ 1163 & 1158 in extension. Alternative scenario: Above 1184.5 look for further upside with 1190 & 1196 as targets. Comment: As long as 1184.5 is resistance, likely decline to 1163.
Oil & Gold (XAU) Trading Outlook (16-10-2015)
October 16, 2015GOLD Pivot: 1176 Likely scenario: Long positions above 1176 with targets @ 1192 & 1196 in extension. Alternative scenario: Below 1176 look for further downside with 1163 & 1151.5 as targets. Comment: Intraday technical indicators are mixed and call for caution.
Oil & Gold (XAU) Trading Outlook (15-10-2015)
October 15, 2015GOLD Pivot: 1169 Likely scenario: Long positions above 1169 with targets @ 1192 & 1196 in extension. Alternative scenario: Below 1169 look for further downside with 1163 & 1151.5 as targets. Comment: The RSI is mixed to bullish.
Oil & Gold (XAU) Trading Outlook (14-10-2015)
October 14, 2015GOLD Pivot: 1164.5 Likely scenario: Long positions above 1164.5 with targets @ 1180 & 1185 in extension. Alternative scenario: Below 1164.5 look for further downside with 1158.3 & 1151.52 as targets. Comment: The RSI is mixed to bullish.
Oil & Gold (XAU) Trading Outlook (13-10-2015)
October 13, 2015GOLD Pivot: 1164 Likely scenario: Short positions below 1164 with targets @ 1145 & 1136 in extension. Alternative scenario: Above 1164 look for further upside with 1169 & 1177 as targets. Comment: As long as 1164 is resistance, likely decline to 1145.
Oil & Gold (XAU) Trading Outlook (09-10-2015)
October 9, 2015GOLD Pivot: 1154 Likely scenario: Short positions below 1154 with targets @ 1136 & 1130 in extension. Alternative scenario: Above 1154 look for further upside with 1165 & 1170 as targets. Comment: As long as 1154 is resistance, likely decline to 1136.
Oil & Gold (XAU) Trading Outlook (08-10-2015)
October 8, 2015GOLD Pivot: 1142 Likely scenario: Long positions above 1142 with targets @ 1157 & 1165 in extension. Alternative scenario: Below 1142 look for further downside with 1130 & 1122.5 as targets. Comment: Intraday technical indicators are mixed and call for caution.
