XAU Trading Outlook (17-07-2015)

GOLD

Pivot: 1150

Likely scenario: Short positions below 1150 with targets @ 1140 & 1137 in extension.

Alternative scenario: Above 1150 look for further upside with 1156 & 1159.5 as targets.

Comment: The RSI is mixed.

17-7-15 - gold

 

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