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Direction: Bullish with confirmation above 1220.00.

2016-02-23 16:00:04

The bullishness may come back despite the weakness on RSI and ADX due to stability above the psychological level of 1200.00.

To prove the bullish tendency, we need a stable move above 1220.00, as stability above this level will negate the bearish structure.

The breakout above the resistance at 1193.00 is the main reason behind the bullish prospects.

Support: 1210.00 – 1200.00 – 1195.00

Resistance: 1120.00 – 1230.00 – 1236.00

Direction: Bullish with confirmation above 1220.00.

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TIME
Sydney	Tokyo	Ha Noi	HongKong	LonDon	NewYork

Gold Price at ABCBULLION Foreign exchange rates at CommonWealth Bank Foreign exchange rates at ANZ Bank

Prices By NTGOLD
We Sell	We Buy
37.5g ABC Luong Bar
6,671.50	6,086.50
1oz ABC Bullion Cast Bar
5,555.20	5,005.20
100g ABC Bullion Bar
17,640.40	16,040.40
1kg ABC Bullion Silver
1,864.20	1,489.20

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