GOLD, forecast from 02/23/15


Main scenario:
The pair is trading along an downtrend.
The downtrend may be expected to continue while pair is trading below resistance level 1203, which will be followed by reaching support level 1188.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1203, which will be followed by moving up to resistance level 1212.

e

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