XAU Trading Outlook (03-08-2015)
GOLD
Pivot: 1086.5
Likely scenario: Long positions above 1086.5 with targets @ 1105 & 1115 in extension.
Alternative scenario: Below 1086.5 look for further downside with 1080 & 1073 as targets.
Comment: The RSI is mixed with a bullish bias.
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