Analisis teccnical for Gold

[hafiz View Profile Find User's Posts Find User's Threads PM User E-Mail User]

GOLD‏ (Spot) intraday: target 1275
Pivot: 1250.00

Our Preference: LONG positions above 1250 with 1275 & 1290 in sight.

Alternative scenario: The downside breakout of 1250 will open the way to 1235 & 1214.

Comment: the upside breakout of 1252 is a key signal for further mid term gains.

Trend: ST Ltd upside; MT Bullish

Key levels Comment

1300* Fib projection
1290* Fib projection
1275* Fib projection
1259 Last
1250* Intraday pivot point
1235* Horizontal support
1214** Horizontal support

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