Tanalys

Gold spot Intraday: key resistance at 1198.

Pivot: 1198

Our preference: Short positions below 1198 with targets @ 1184 1178 in extension.

Alternative scenario: Above 1198 look for further upside with 1205 1209 as targets.

Comment: The index currently faces a challenging resistance area at 1198.

Supports and resistances:

1209

1205

1198

1194 Last

1184

1178

1173

Copyright 1999 – 2015 TRADING CENTRAL

Exit mobile version