2012.05.30 05:07:38 GOLD (Spot) intraday: the downside prevails.

GOLD (Spot) intraday: the downside prevails. Update on supports and resistances. Pivot: 1565.00 Our Preference: SHORT positions below 1565 with targets @ 1535 & 1527. Alternative scenario: The upside breakout of 1565 will open the way to 1572 & 1583. Comment: the RSI advocates for further downside. Trend: ST Consolidation; MT Bullish Key levels Comment 1583** Intraday resistance 1572** Intraday resistance 1565** Intraday pivot point 1546.66 Last 1535** Previous low 1527** Horizontal support 1521*** Horizontal support Trading Central recommends MT5 to publish FX charts Copyright Trading Central 1999-2011 Time MA20 MA50 MA20_50 MACD_SL MACD_0 Bollinger RSI70 RSI30 Volume 29.05.2012 22:45 Down 28.05.2012 22:45 Up