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22 Sep 2014
Gold is bearish below 1215
FXStreet (Łódź) - Independent Analyst Vladimir Mihaylov remarks that gold is bearish below the 1215 level, with the next resistance seen at 1219-1221.
Key quotes
"Only above that the recovery may continue to 1232."
"Reversal may appear only above 1336 but I do not see for now any signs for this."
"It is quite possible to drop below 1200 and to test 1184 support again."
Key quotes
"Only above that the recovery may continue to 1232."
"Reversal may appear only above 1336 but I do not see for now any signs for this."
"It is quite possible to drop below 1200 and to test 1184 support again."