Sun 09.Dec.2018 12:13
Ticker: XAUUSD
LAST= 1,248.35
Gold Spot movement during the last few days showed a Bullish move, with a recent high price seen on Fri 07.Dec.2018 at 1,250.31.
During the next few days the price is expected to go up for 1,250.25 and then to 1,265.30.
The Short-Term view is expected to continue to be UP as long as the price is above 1,225.50, and, its recommended to ' BE LONG ' for a targeted price of around 1,270.00 Taking in consideration the resistance levels.
On the other hand, a change in the direction of the general trend needs to be considered when the price trades below the level 1,214.30
Res_2 = 1,258.15
Res_1 = 1,252.00
Sup_1 = 1,245.95
Sup_2 = 1,239.80
Ticker: XAUUSD
LAST= 1,248.35
Gold Spot movement during the last few days showed a Bullish move, with a recent high price seen on Fri 07.Dec.2018 at 1,250.31.
During the next few days the price is expected to go up for 1,250.25 and then to 1,265.30.
The Short-Term view is expected to continue to be UP as long as the price is above 1,225.50, and, its recommended to ' BE LONG ' for a targeted price of around 1,270.00 Taking in consideration the resistance levels.
On the other hand, a change in the direction of the general trend needs to be considered when the price trades below the level 1,214.30
Res_2 = 1,258.15
Res_1 = 1,252.00
Sup_1 = 1,245.95
Sup_2 = 1,239.80