Tanalys

GOLD (Spot) intraday: bullish bias above 1210

Pivot: 1210.00

Our preference: LONG positions above 1210 with 1245 1271 in sight.

Alternative scenario: The downside penetration of 1210 will call for a slide towards 1180 1150.

Comment: the price has broken above an intraday declining trend line.

Trend: ST Bearish; MT Bearish

Key levels Comment

1288** Intraday resistance

1271** Intraday resistance

1245** Intraday resistance

1241.7 Last

1210*** Intraday pivot point

1180** Intraday support

1150** Intraday support

Copyright 1999 – 2013 TRADING CENTRAL

Exit mobile version