Tanalys

Gold spot Intraday: bullish bias above 1272.5.

Pivot: 1272.5

Our preference: Long positions above 1272.5 with targets @ 1285 1290 in extension.

Alternative scenario: Below 1272.5 look for further downside with 1266 1259 as targets.

Comment: The RSI is supported by a bullish trend line.

Supports and resistances:

1294

1290

1285

1280 Last

1272.5

1266

1259

Copyright 1999 – 2014 TRADING CENTRAL

Exit mobile version