Tanalys

Gold spot Intraday: bullish bias above 1072.5.

Pivot: 1072.5

Our preference: long positions above 1072.5 with targets @ 1083 1086 in extension.

Alternative scenario: below 1072.5 look for further downside with 1068 1066 as targets.

Comment: a support base at 1072.5 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

1089

1086

1083

1077.72 Last

1072.5

1068

1066

Copyright 1999 – 2016 TRADING CENTRAL

Exit mobile version