Gold is pushing towards 1250.00 key resistance level, which should limit
the upside move and force the price back lower within downtrend.
Otherwise, a break above 1250.00 would signal further correctional
recovery within the context of the bear channel.
Support: 1235.00, 1230.00, 1220.00, 1210.00, 1200.00
Resistance: 1243.00, 1250.00, 1258.00, 1268.00, 1275.00
Gold Trading Recommendation (10/12/2013) Short below 1250.00, targets at 1230.00 and 1215.00. Stop loss above 1260.00
Support: 1235.00, 1230.00, 1220.00, 1210.00, 1200.00
Resistance: 1243.00, 1250.00, 1258.00, 1268.00, 1275.00
Gold Trading Recommendation (10/12/2013) Short below 1250.00, targets at 1230.00 and 1215.00. Stop loss above 1260.00
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