FXTechstrategyTeam
Short

GOLD: Corrective Threat Keeps Outlook Lower

FX:XAUUSD   Gold/U.S. Dollar
GOLD: Outlook for GOLD             remains lower while the commodity holds and trades below the 1191.53 zone, its key resistance. On the downside, support comes in at the 1155.00 level where a break will turn attention to the 1140.00 level. Further down, a cut through here will open the door for a move lower towards the 1130.00 level.

GOLD             STRATEGY:
Sell at 1165.00
Stop loss at 1180.00
Price target at 1151.77 & 1143.00
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