GOLD holding above key Gann level

GOLD holding above key Gann level

17 August 2014, 03:17
Rachael Taylor
0
285
  • XAUUSD remains in a choppy range above key a key Gann confluence near 1280
  • Our broader bias is positive on the metal while over 1280
  • The 1320 area need to be overc oem on a closing basis to signal that a more important advance is unfolding
  • A move under 1280 will turn us negative on Gold


Weekly XAUUSD Strategy: Like the long side awhile ab1280

InstrumentSupport 2Support 1SpotResistance 1Resistance 2
XAU/USD 1262 1280 1294 1305 1321
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