Thursday, 7 June 2012
2012.06.07 11:59:00 GOLD (Spot) intraday: further advance.
GOLD (Spot) intraday: further advance.
Update on supports and resistances.
Pivot: 1608.00
Our Preference: LONG positions above 1608 with 1640 & 1670 as next targets.
Alternative scenario: The downside penetration of 1608 will call for 1598 & 1584.
Comment: intraday support around 1608
Trend: ST Bullish; MT Range
Key levels Comment
1680** Intraday resistance
1670** Intraday resistance
1640** Intraday resistance
1617.09 Last
1608** Intraday pivot point
1598*** Intraday support
1584** Intraday support
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Time Candlestick Last Opinion Invalidation
06.06.2012 23:10 Shooting star 1619.72 Down 1641.03
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