Tanalys

Gold spot intraday: further upside.

Pivot: 1204.00

Our preference: LONG positions above 1204 with targets @ 1238 1244.

Alternative scenario: The downside penetration of 1204 will call for a slide towards 1194 1182.

Comment: the RSI is bullish and calls for further advance.

Trend: ST Ltd downside; MT Ltd downside

Key levels Comment

1251.8** Intraday resistance

1244** Intraday resistance

1238** Intraday resistance

1226.1 Last

1204*** Intraday pivot point

1194** Intraday support

1182** Intraday support

Copyright 1999 – 2014 TRADING CENTRAL

Exit mobile version