Mon, Jun 14 2010, 10:41 GMT
http://www.fxstreet.com
FXstreet.com (Barcelona) - Spot Gold's retreat from $1,252.18 -all time high- reached on Jun 8 high, found support at $1,215 area on Jun 10, and yellow metal's prices are trading slightly higher since, to be rejected at $1,2234 and drop to session low at $1,225 so far.
On the downside, spot Gold might find support at $1,221.80 (Jun 9 low), and below here, $1,215 (Jun 10 low) and $1,210 (Jun 7 low).
On the upside, immediate resistance lies at $1,232/34 (session highs), and above here, $1,242/44 (May 17/Jun 4 highs) and $1,252.
Against the Euro, Gold Trades around 1,003.51; 0.8% down on the day, and XAU/GBP quotes at 1,228.28; 0.1% higher today.