20 February 2015 - During the trading hours yesterday, the Spot Gold lowered its value from 1223.05 USD to 1.205.20 USD. This morning it is trading at 1205.70-1209.90 USD.
According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1209.60-1215.50 USD, the aim will be reaching and testing the zone 1221.55-1228.10 USD. If it is successful, the upward trend will continue to 1233.05-1238.40 USD. If the precious metal drops below the support levels at 1206.25-1201.45 USD, it will try to find a next support at 1194.70-1187.50 USD. In case of breaking down, the downward trend will continue to 1182.90-1173.90 USD.
Source: http://www.trading212.com/en/Financial-Analyses/2015-02-20/
