XAUUSD Daily Forecast Mar 20 2015

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gold65FILEminimizer

Outlook in ْXAUUSD has turned neutral at the moment , resistance comes at the 1175 levels , a failure to hold above the 1175 levels on a daily closing basis could mean a return to the 1145  levels , a halt is likely , but a cut will restore the downside momentum and open the 1125 levels , further down will pave the way towards the  1100 levels..

On the upside , resistance comes at the 1175 levels , sustained breakout – daily closing – above the 1175 levels will open 1200/1228 levels before the next fall…

In all , As long as 1175  holds on a daily closing basis , outlook in XAUUSD remains on the downside towards the 1145 levels ahead of the 1125 levels , above the 1175 levels will reverse risk towards the 1200/1228 levels before the next fall…

 

XAUUSD Daily Forecast Mar 20 2015

MARKET DATA

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