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Wednesday, 27 June 2012

2012.06.27 04:28:10 GOLD (Spot) intraday: the downside prevails.

GOLD (Spot) intraday: the downside prevails.


Update on supports and resistances.
Pivot: 1582.00

Our Preference: SHORT positions below 1582 with targets @ 1560 & 1554.

Alternative scenario: The upside penetration of 1582 will call for 1588 & 1596.

Comment: the RSI is mixed to bearish.

Trend: ST Range; MT Range

Key levels Comment

1596** Fib retracement (50%)
1588** Previous high
1582** Intraday pivot point
1573.16 Last
1560** Intraday support
1554** Intraday support
1543** Intraday support
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Time MA20 MA50 MA20_50 MACD_SL MACD_0 Bollinger RSI70 RSI30 Volume
25.06.2012 22:45                  

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