10 February 2015 - During the trading hours yesterday, the Spot Gold was in a range 1234.15-1243.60 USD. This morning it is trading at 1237.70-1245.95 USD.
According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1246.50-1252.05 USD, the aim will be reaching and testing the zone 1257.80-1266.05 USD. If it is successful, the upward trend will continue to 1271.70-1276.90 USD. If the precious metal drops below the support levels at 1242.15-1238.40 USD, it will try to find a next support at 1232.30-1228.25 USD. In case of breaking down, the downward trend will continue to 1221.55-1215.50 USD.
Source: http://www.trading212.com/en/Financial-Analyses/2015-02-10/
