Forecast for 8th March 2013
XAU Spot Gold
Spot Gold holding support at 1569/67 & 1587/88 resistance.
Below 1579 we could now test support at 1569/67 again today & a break below 1565 could signal a retest of February lows at 1555.
We will need to hold above 1579/80 for another test of 1587/88 resistance. This could hold the top of the market again today but if we start to push higher look for 1595 with 1605/09 the target above.
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