XAU Trading Outlook (10-12-2015)

 

GOLD

Pivot: 1082

Likely scenario: short positions below 1082 with targets @ 1068 & 1064 in extension.

Alternative scenario: above 1082 look for further upside with 1088 & 1093 as targets.

Comment: as long as 1082 is resistance, likely decline to 1068.

 

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