On Friday we said: “Gold is in a consolidation phase, the price has no clear direction but holds pretty well given the current USD strength. Is this resiliency to the USD a bullish sign? We have a minor support at 1193$, if broken the price could head easily to 1183$ major key support of the 1180$ - 1222$ mid-term range. To the upside, 1200$ would be the trend shifting level from bearish to bullish. Our stance for the day is neutral.
Forex Technical Analysis
03 July 2015
Investors on edge ahead of Greek vote...
01 July 2015
Greece defaults on IMF payment...
29 June 2015
EURUSD gaps lower as we kick start a week of volatility: US NFP and Greece in the limelight...
25 June 2015
Euro shows resilience despite Greek Impasse...
24 June 2015
USD continues to perform; traders await revised GDP figures later today...
23 June 2015
US Sales data helps the greenback recover earlier losses...