Daily Analysis of Gold

24 February 2015 - During the trading hours yesterday, the Spot Gold was in a range 1190.55-1210.45 USD. This morning it is trading at 1197.60-1204.65 USD.
According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1201.45-1209.60 USD, the aim will be reaching and testing the zone 1215.50-1221.55 USD. If it is successful, the upward trend will continue to 1228.10-1233.05 USD. If the precious metal drops below the support levels at 1197.25-1190.30 USD, it will try to find a next support at 1182.85-1173.90 USD. In case of breaking down, the downward trend will continue to 1166.30-1156.60 USD.

Source:  http://www.trading212.com/en/Financial-Analyses/