Gold extends the rebound from the potential reversal zone of the ABCD harmonic pattern, where the pattern suggest a correctional move higher as long as 1180.00 major low in intact. We maintain our bullish bias for today as well.
Support: 1210.00, 1200.00, 1190.00, 1180.00, 1165.00
Resistance: 1220.00, 1230.00, 1243.00, 1250.00, 1258.00
Gold Trading Recommendation (27/12/2013) Long above 1205.00, targets at 1220.00 and 1240.00. Stop loss below 1190.00.
Support: 1210.00, 1200.00, 1190.00, 1180.00, 1165.00
Resistance: 1220.00, 1230.00, 1243.00, 1250.00, 1258.00
Gold Trading Recommendation (27/12/2013) Long above 1205.00, targets at 1220.00 and 1240.00. Stop loss below 1190.00.
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