Tanalys

GOLD (Spot) intraday: bullish bias above 1404

Pivot: 1404.00

Our preference: LONG positions above 1404 with targets @ 1423 1440.

Alternative scenario: The downside breakout of 1404 will open the way to 1390 1384.

Comment: supported by a rising trend line.

Trend: ST Bullish; MT Ltd upside

Key levels Comment

1462** Intraday resistance

1440** Intraday resistance

1423** Intraday resistance

1416.7 Last

1404*** Intraday pivot point

1390** Intraday support

1384*** Intraday support

Copyright 1999 – 2013 TRADING CENTRAL

Exit mobile version