Gold stable in light holiday trade – MP

FXStreet (Barcelona) - Kenny Fisher of MarketPulse, shares the key technical levels for XAU/USD.

Key Quotes

“XAU/USD has showed little movement in the Asian session. The pair is unchanged in the European session.”

“1240 is a weak resistance line. 1255 is next.”

“1215 is an immediate support level.”

“Current range: 1215 to 1240”

“Further levels in both directions:
Below: 1215, 1200, 1175 and 1154
Above: 1240, 1255, 1275, 1300 and 1322”