Tanalys

GOLD (Spot) intraday: bullish bias above 1308.5

Pivot: 1308.50

Our preference: LONG positions above 1308.5 with targets @ 1337 1343.

Alternative scenario: The downside penetration of 1308.5 will call for a slide towards 1293 1277.

Comment: technically, the RSI is above its neutrality area at 50.

Trend: ST Bearish; MT Bearish

Key levels Comment

1358** Intraday resistance

1343* Intraday resistance

1337** Intraday resistance

1324.81 Last

1308.5*** Intraday pivot point

1293** Intraday support

1277** Intraday support

Copyright 1999 – 2013 TRADING CENTRAL

Exit mobile version