GOLD (Spot) intraday: turning down.
Update on supports and resistances.
Pivot: 1582.00
Our Preference: SHORT positions below 1582 with targets @ 1554 & 1547.
Alternative scenario: The upside penetration of 1582 will call for 1598 & 1611.
Comment: the RSI has just broken above a declining trend line.
Trend: ST Range; MT Range
Key levels Comment
1611** Intraday resistance
1598* Intraday resistance
1582** Intraday resistance
1566.92 Last
1554** Intraday pivot point
1547** Intraday support
1530*** Horizontal support
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Time MA20 MA50 MA20_50 MACD_SL MACD_0 Bollinger RSI70 RSI30 Volume
10.07.2012 22:45 Down
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