Tanalys

Gold spot Intraday: bullish bias above 1108.8.

Pivot: 1108.8

Our preference: Long positions above 1108.8 with targets @ 1127 1135 in extension.

Alternative scenario: Below 1108.8 look for further downside with 1101.3 1093.7 as targets.

Comment: A support base at 1108.8 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

1145

1135

1127

1113.53 Last

1108.8

1101.3

1093.7

Copyright 1999 – 2015 TRADING CENTRAL

Exit mobile version