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Gold: Bulls Aim At Higher Prices

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 7, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    GOLD: With the commodity rejecting lower level prices to close strongly higher the past week, GOLD bulls aim at higher prices.However, beware of a corrective pullback at ahead of its resistance at the 1098.09 level. Above here if seen target the 1110.00 level where a break will aim at the 1120.00 level. A turn above there will expose the 1130.00 level. Further out, resistance stands at the 1100.00 level. On the downside, support comes in at the 1075.00 level where a break will turn attention

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