Gold Holds First Support At 1225/24
London (Mar 16) Gold holding first support at 1225/24 but the outlook remains negative so any recovery is a selling opportunity with first resistance at 1233/34 then a good selling opportunity at 1239/40. Add to shorts at 1247/48. Stop above 1258.
First support at 1225/24 but the outlook remains negative and eventually this week I would not be surprised to see 1218/17 and 1210/09.