Gold Trading Recommendation (20/12/2013)

Gold extended the bearish move approaching the major low at 1180.00, the bearish trend remains solid, and is expected to extend further for an imminent retest of 1180.00 support, strong sell off is expected on a break below 1180.00.

Support:    1190.00, 1180.00, 1165.00, 1155.00, 1150.00
Resistance: 1200.00, 1210.00, 1220.00, 1230.00, 1243.00

Gold Trading Recommendation (20/12/2013) Short below 1210.00, targets at 1190.00 and 1180.00. Stop loss above 1226.00