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Aug 10, 2012

Gold XAU/USD - Technical Analysis


Gold

2012-08-10



Technical Analysis

Pivot Monthly 1.603.6
Support Monthly 1.549

 Long positions above 1.549 with targets »» 1.632/1.678 or 1.715
*The RSI is supported by a bullish trend line

Key levels:
1.678 *** Intraday resistance
1.665 ** Intraday resistance
1.652 *  resistance

1.622 -- Last

1.593 ** Weekly support
1.577  ** support1.549 ** Monthly support
1.529 ***  support
1.502 *** support

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