12 February 2015 - During the trading hours yesterday, the Spot Gold lowered its value from 1238.90 USD to 1216.20 USD. This morning it is trading at 1218.05-1223.90 USD.
According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1223.25-1228.15 USD, the aim will be reaching and testing the zone 1233.05-1238.40 USD. If it is successful, the upward trend will continue to 1242.15-1246.50 USD. If the precious metal drops below the support levels at 1216.35-1209.60 USD, it will try to find a next support at 1201.45-1194.70 USD. In case of breaking down, the downward trend will continue to 1187.50-1182.85 USD.
Source: http://www.trading212.com/en/Financial-Analyses/2015-02-12/
