Gold - September 29, 2015

Leading FX Broker • Sep 29, 2015 at 11:52 AM EDT

XAU/USD has broken the pattern and the down trend which means we will see an upside move till the level of 1172.

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XAUUSD

1125

XAU/USD has broken the pattern and the down trend which means we will see an upside move till the level of 1172(This is the higher probable scenario last week , however , now as long as market is trading at 1120s levels then this major bullish scenario has a probability equal to the bearish scenario !).

However, if the market fall below 1119s ,then a target at 1104, is the expected target.

Please Note : The shown chart is analysis for short-time Interval ( 15 minutes Chart. ) .

	Support	Resistence
Level 1	1119	1138
Level 2	1112	1155
Level 3	1097	1168

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