XAU USD remain bearish below 1080$ TGT 1040$

XAU USD weekly forecast for 23 to 27 nov 2015
XAU USD this week closed with loss at 1078$.
this was straight fifth losing week for gold prices.
and also gold hit fresh recent low in this week which
is very bearish sign for short to medium term view.
 
 
 
XAU USD weekly support zones will be 1060 and 1040.
XAU USD weekly resistance zones will be 1100 and 1125.
 
traders below 1080$ stay short for target 1060$ and 1040$

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Updated: 21/11/2015 — 9:24 PM

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Pramod Baviskar

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