XAUUSD Weekly Forecast Jul 14 2014

Outlook in XAUUSD remains on the upside this week as long as support 1306 holds on a weekly closing basis , resistance comes at the 1345 levels , a break would open 1374 next , further upside will aim the 1410 levels………

On the downside , sustained trading – losing the 1306 levels on a weekly basis – will turn outlook neutral for retesting the 1276/1258 levels before the next rise……..

In all , as long as support 1306 holds on a weekly closing basis ,¬†outlook in XAUUSD remains on the upside towards the 1345/1376 levels , below 1306 will turn outlook towards the 1276/1258 levels………

 

 

XAUUSD Weekly Forecast Jul 14 2014

MARKET DATA

UPCOMING ECONOMIC EVENTS