Gold ( xauusd ) 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