XAU Trading Outlook (24-07-2015)

 

GOLD

Pivot: 1095

Likely scenario: Short positions below 1095 with targets @ 1073 & 1064 in extension.

Alternative scenario: Above 1095 look for further upside with 1106 & 1119 as targets.

Comment: As long as 1095 is resistance, likely decline to 1073.

gold2

 

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