XAU Trading Outlook (13-08-2015)
GOLD
Pivot: 1108.80
Likely Scenario: Long positions above 1108.80 with targets @ 1135.00 & 1145.00 in extension.
Alternative scenario: Below 1108.80 look for further downside with 1102.00 & 1093.70 as targets.
Comment: The RSI is mixed.
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