Tanalys

Gold spot Intraday: bullish bias above 1215.

Pivot: 1215

Our preference: Long positions above 1215 with targets @ 1238 1255 in extension.

Alternative scenario: Below 1215 look for further downside with 1199 1186 as targets.

Comment: A support base at 1215 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

1272 ***

1255 **

1238 *

1221 Last

1215 ***

1199 *

1186 *

Copyright 1999 – 2014 TRADING CENTRAL

Exit mobile version