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Wednesday, 1 August 2012

2012.08.01 13:39:37 GOLD (Spot) intraday: further upside.

GOLD (Spot) intraday: further upside.

Update on supports and resistances.
Pivot: 1608.00

Our Preference: LONG positions above 1608 with targets @ 1630 & 1640.

Alternative scenario: The downside breakout of 1608 will open the way
to 1598 & 1589.

Comment: intraday support around 1608

Trend: ST Range; MT Range

Key levels Comment

1657** Fib retracement (50%)
1640** Intraday resistance
1630*** Intraday resistance
1613.9 Last
1608** Intraday pivot point
1598** Intraday support
1589** Intraday support


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Time MA20 MA50 MA20_50 MACD_SL MACD_0 Bollinger RSI70 RSI30 Volume

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