Chart: H1, XAUUSD
Monday, August 17, 2015
Gold in a Positive Move
Gold saw some safe haven buying due to its low levels around $1,080. However, prices are still staggering and having a difficult time trying to push above $1,125. The long-term scenario still remains bearish with price expectations around $1,100-$1,050. Short-term may remain in the range of $1,025 to $1,012.
Chart: H1, XAUUSD
Chart: H1, XAUUSD
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It might keep climbing for now but the bearish trend is still valid.
ReplyDeleteGood post, thank you.
ReplyDeleteThe million dollar question, how long will it last?
ReplyDeleteLet's see the bullish trend would continue.
ReplyDeleteGood analysis.
ReplyDeleteGood reporting!
ReplyDelete