23 February 2015 - During the trading hours on Friday, the Spot Gold was in a range 1198.25-1215.50 USD. This morning it is trading at 1200.65-1204.60 USD.
According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1209.60-1215.50 USD, the aim will be reaching and testing the zone 1221.55-1228.10 USD. If it is successful, the upward trend will continue to 1233.05-1238.40 USD. If the precious metal drops below the support levels at 1201.45-1197.50 USD, it will try to find a next support at 1187.50-1178.75 USD. In case of breaking down, the downward trend will continue to 1173.90-1166.30.
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