XAUUSD: Keep holding buy or consider taking some profit, - TopicsExpress

XAUUSD: Keep holding buy or consider taking some profit, stop loss below 1230 or 1225 levels. Gold continues its upward rebound from last week. Price reach 1238 level before has some retreat. Watching a resistance of 1238-1242 levels, Gold may retreats to a support of 1215 or 1205 levels if it fails to beat this resistance. Gold is still in a major down trend, careful for a selling power at resistance levels. Keep holding buy or consider taking some profit, stop loss below 1230 or 1225 levels. Resistances : R1 = 1238-1242 R2 = 1250 R3 = 1258 Supports: S1 = 1230-1232 S2 = 1225-1227 S3 = 1215-1218

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