XAUUSD Daily Forecast Dec 30 2014

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gold65FILEminimizer

Outlook in XAUUSD remains on the downside as long as 1187 resistance holds on a 4 hour closing basis , support comes at the 1170 levels where a cut will open 1160 next , further down will pave the way towards the 1154 levels ahead of the 1142 levels.

On the upside , resistance comes at the 1187 levels ahead of the 1203 levels (main) , break of the 1203 levels will turn outlook neutral and open 1213/1223 levels before the next fall..

In all , as long as 1187/1203 resistance holds on a 4 hour closing basis , outlook in XAUUSD remains on the downside towards the 1170 levels ahead of the 1160 levels , above the 1203 levels will turn outlook neutral towards the 1213/1233 levels before the next fall…

 

XAUUSD Daily Forecast Dec 30 2014

MARKET DATA

UPCOMING ECONOMIC EVENTS