XAU Trading Outlook (10-08-2015)
GOLD
Pivot: 1082.5
Likely scenario: Long positions above 1082.5 with targets @ 1101 & 1103.5 in extension.
Alternative scenario: Below 1082.5 look for further downside with 1080 & 1077.5 as targets.
Comment: Even though a continuation of the consolidation cannot be ruled out, its extent should be limite
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