03 February 2015 - During the trading hours yesterday, the Spot Gold was in a range 1266.15-1283.35 USD. This morning it is trading at 1271.70-1280.25 USD.
According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1282.15-1287.60 USD, the aim will be reaching and testing the zone 1291.90-1297.05 USD. If it is successful, the upward trend will continue to 1300.45-1303.50 USD. If the precious metal drops below the support levels at 1271.70-1266.05 USD, it will try to find a next support at 1257.80-1252.05 USD. In case of breaking down, the downward trend will continue to 1246.50-1242.15 USD.
Source: http://www.trading212.com/en/Financial-Analyses/2015-02-03/
