19 February 2015 - During the trading hours yesterday, the Spot Gold raised its value from 1197.60 USD to 1213.65 USD. This morning it is trading at 1211.30-1218.20 USD.
According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1218.05-1223.75 USD, the aim will be reaching and testing the zone 1228.15-1233.10 USD. If it is successful, the upward trend will continue to 1238.40-1242.15 USD. If the precious metal drops below the support levels at 1213.65-1209.60 USD, it will try to find a next support at 1201.45-1197.65 USD. In case of breaking down, the downward trend will continue to 1187.50-1182.85 USD.
Source: http://www.trading212.com/en/Financial-Analyses/2015-02-19/
