Tanalys

Gold spot Intraday: key resistance at 1175.35.

Pivot: 1175.35

Our preference: Short positions below 1175.35 with targets @ 1163 1154 in extension.

Alternative scenario: Above 1175.35 look for further upside with 1192 1200.8 as targets.

Comment: The RSI advocates for further decline.

Supports and resistances:

1200.8 **

1192 **

1175.35 ***

1167.52 Last

1163 **

1154 **

1142 **

Copyright 1999 – 2015 TRADING CENTRAL

Exit mobile version