Gold 2015-10-13
XAUUSD
1155
Market has broken the mid-term down trend at the levels of 1120s , as long as the market trading higher than these levels then on the short-term the higher probability move would be upward with increasing buying pressure to 1156s then 1165 respectively which is already hit !
So we do expect on the mid-term a target at 1200s/1220s, as long as , we are still higher than 1122s for an ounce.
Support | Resistence | |
Level 1 | 1152 | 1168 |
Level 2 | 1147 | 1179 |
Level 3 | 1138 | 1200 |