Tanalys

GOLD (Spot) intraday: bullish bias above 1233

Pivot: 1233.00

Our preference: LONG positions above 1233 with 1271 1288 as next targets.

Alternative scenario: The downside breakout of 1233 will open the way to 1223.5 1213.

Comment: the RSI is mixed with a bullish bias.

Trend: ST Bearish; MT Bearish

Key levels Comment

1300** Intraday resistance

1288** Intraday resistance

1271** Intraday resistance

1246.65 Last

1233*** Intraday pivot point

1223.5** Fib retracement (50%)

1213** Fib retracement (61.8%)

Copyright 1999 – 2013 TRADING CENTRAL

Exit mobile version