Gold Weekly Technical Report 22/2/2016
ecPulse
2016-02-22 11:56AM UTC
Gold declined quickly during the Asian session today, trading below 1219.00-1220.00, which is a negative factor, but it didn’t affirm stopping the bullish attempts.
We can’t be bearish, as the metal stabilizes above 1200.00 psychological and above 1195.00 classical support.
We will be neutral now to see how gold will behave around those levels.
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