xau usd intraday outlook for 16 oct 2015

xau usd today trading at 1176 with loss.
On daily chart price trend is bullish.
daily chart major indicators pattern is bearish.
Daily chart RSI is around 65 and heading lower.
xau usd intraday support zones are 1175 and 1160.
xau usd intraday resistance zones are 1190 and 1205.
For today, xau usd trading call is
buy around 1175 with stop loss
for target 1190 and then 1205.

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Pramod Baviskar

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