Tanalys

Gold spot Intraday: bullish bias above 1225.

Pivot: 1225

Our preference: Long positions above 1225 with targets @ 1244.3 1250 in extension.

Alternative scenario: Below 1225 look for further downside with 1216 1205 as targets.

Comment: The RSI calls for a rebound.

Supports and resistances:

1261.5 **

1250 **

1244.3 **

1229 Last

1225 ***

1216 **

1205 *

Copyright 1999 – 2015 TRADING CENTRAL

Exit mobile version