Gold continued its upside wave supported by a weaker dollar by the end of last week, the extension of that movement might be around the 915-20 level, which if breached we can initiate new upside targets around the 950. Gold established a solid base to the upside which will not easily be ruined unless we saw a break to the 850 level.

The trading range is among the key support level at 889 and the key resistance level at 915.00.

The general trend is to the upside as far as 810.00 remains intact; targets are set at 1080.00 and 1170.00.

Resistance905.60 908.70 911.20 913.90 915.00