Thursday 12th, February 2015
Intraday Support & Resistance Levels
Technical Indicator Signals
Currency Pair Spotlight
XAUUSD: While investors are still waiting for the confirmed results from Europe, Gold fell 1% and hit the resistance of $1220 per ounce, probably due to the strong Dollar largely reducing the attraction of yellow metal. RSI has fallen below 50, showing this round of fall possibly continuing. Gold prices may rebound to $1240 and then reach the lower boundary of the recent slow upward channel area near $1190-1200.
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Today’s Key Economic Calendar Events
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