FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
50 0 0
Gold             is facing now some key resistances levels, namely at 1127.51(fibs retracement 23.6%), 1148.10 and 1161.13(fibs retracement 38.2%). Above that level of fibs 38.2%, so according to TA point of view, then Glod is in a upside area.

Go long with Gold             @1111.0, if D1 candle finds support at that level and closes above it.
S/l @1071.60

Other scenario is to buy two ticks above 1127.51, if the D1 candle closes above that level.

It is only for long term investment with around for next three months to hold,namely until end of November 2015.

Trade well!

Makkaba team
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