XAU Trading Outlook (27-07-2015)

 

GOLD

Pivot: 1086.5

Likely scenario: Long positions above 1086.5 with targets @ 1106 & 1119 in extension.

Alternative scenario: Below 1086.5 look for further downside with 1073 & 1064 as targets.

Comment: The RSI is mixed to bullish.

gold2

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