GOLD: Bullish, Pressures Further Upside.
GOLD: With GOLD continuing to hold on to its upside offensive, it looks to strengthen further in the new week. However, it now trades within its resistance levels. Support comes in at the 1,210.00 level where a break will aim at the 1,200.00 level. A cut through here will open the door for move lower towards the 1,180.00 level. Below here if seen could trigger further downside pressure towards the 1,150.00 level and then the 1,130.00 level. Conversely, resistance resides at the 1,235.00 level where a break will aim at the 1,250.00 followed by the 1,270.00 level. A violation of here will turn attention to the 1,290.00 level followed by the 1,300.00 level. All in all, GOLD remains biased to the upside on recovery
