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Gold ( xauusd ) forecast today 16 october 2014

Gold forecast today 16 october 2014

Gold forecast today 16 october 2014

Gold ( Xauusd ) trading at 1240$ yesterday it fired on bad US data , now if gold price click our support of 1231$ and manage to sustain below our technical support then expect gold to correct upto 1220$ – 1208$ .

If gold price click our resistance of 1250$ and manage to sustain below our technical resistance then expect gold to fire upto 1261$ – 1273$ .

Gold forecast conclusion : Gold looking positive for now

More will update to our subscribers

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About mohdarafat

Well nothing special about me a simple guy technical analyst by profession deals in commodities and major stock markets in the world

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