Tanalys

Gold spot Intraday: key resistance at 1062.

Pivot: 1062

Our preference: short positions below 1062 with targets @ 1047.4 1042 in extension.

Alternative scenario: above 1062 look for further upside with 1068 1074 as targets.

Comment: even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.

Supports and resistances:

1074

1068

1062

1058.78 Last

1047.4

1042

1037

Copyright 1999 – 2015 TRADING CENTRAL

Exit mobile version