17 February 2015 - During the trading hours yesterday, the Spot Gold was in a range 1227.55-1236.70 USD. This morning it is trading at 1223.05-1233.80 USD.
According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1228.12-1233.05 USD, the aim will be reaching and testing the zone 1236.70-1242.15 USD. If it is successful, the upward trend will continue to 1246.50-1252.05 USD. If the precious metal drops below the support levels at 1221.55-1215.50 USD, it will try to find a next support at 1209.60-1201.45 USD. In case of breaking down, the downward trend will continue to 1194.70-1187.50 USD.
Source: http://www.trading212.com/en/Financial-Analyses/2015-02-17/
