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alexander.gorodynsky
Oct 22, 2015 10:13 AM

XAUUSD 

Gold/U.S. DollarFXCM

Description

pivot point is at the level of 1172.00.

Our preference: SELL with target below 1172.00 1161.00 points and 1156.00.

Alternative scenario: The upside breakout level 1172.00 open the way to 1181.00 and 1184.50.

Analysis: RSI is losing its bullish momentum.

Support and resistance levels:
1184.50
1181.00
1172.00
1167.7 Closing Price
1161.00
1156.00
1151.00
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