Tanalys

Gold spot Intraday: key resistance at 1121.

Pivot: 1121

Our preference: Short positions below 1121 with targets @ 1109 1101.5 in extension.

Alternative scenario: Above 1121 look for further upside with 1127 1135 as targets.

Comment: A break below 1109 would trigger a drop towards 1101.5.

Supports and resistances:

1135

1127

1121

1117.66 Last

1109

1101.5

1093.7

Copyright 1999 – 2015 TRADING CENTRAL

Exit mobile version