Forex Today News Signals Gold XAUUSD 02-14-2014
Gold BULLISH above 1290 ; moving toward 1299 and possibly 1302
Breaking 1290 will trigger a possiblity to 1290 and 1286
Pivot : 1290
Support : 1290 1286
Resistance : 1299 1302
Last Price : 1304.30
With gold above 1270 this may give the market a new trading zone between 1260 - (1360-80) , this scenario is applicable if market managed to optain weekly close above 1270.
Technical showing uptrend channel over short-run with range between 1260-1300.
Long-run: the long-run wave still heading down toward 1100 while this scenario need market to hold trades below 1525 , which now consider as the main level between bearish and bullish market.
Disclaimer: It is NOT A TRADING OR INVESTMENT ADVICE NOR RECOMMENDATION, you may use this information at your own risk.
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