Forecast for Tomorrow - levels for GOLD (XAU/USD)

Forecast for Tomorrow - levels for GOLD (XAU/USD)

28 October 2015, 21:11
Sergey Golubev
0
2 383

XAU/USD: waiting for breakout with bullish reversal. The pair is ranging within 1191.48 resistance level and 1077.19 support level. The 'reversal' 1191.48 level is located near and below Ichimoku cloud and Senkou Span line so if the price crosses this level from below to above - we may see the reversal of the price movement from the primary bearish to the primary bullish market condition with the secondary ranging (price will be inside Ichimoku cloud). Chinkou Span line is ready to break the price from below to above for good possible breakout so the bullish reversal for this pair is very likely in the near future for example.

Resistance
Support
1232.401098.68
1191.481077.19
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