XAU Trading Outlook (11-08-2015)
GOLD
Pivot: 1091.65
Likely Scenario: Long positions above 1091.65 with targets @ 1109.75 & 1115.78 in extension.
Alternative scenario: Below 1091.65 look for further downside with 1087.97 & 1083.49 as targets.
Comment: The RSI is mixed.
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