GOLD (Spot) intraday: key ST resistance at 1600
Update on supports and resistances.
Pivot: 1600.00
Our Preference: SHORT positions below 1600 with targets @ 1585 & 1579.
Alternative scenario: The upside breakout of 1600 will open the way to
1607 & 1611.
Comment: the RSI is bearish and calls for further downside.
Trend: ST Range; MT Range
Key levels Comment
1611** Intraday resistance
1607** Intraday resistance
1600** Intraday pivot point
1589 Last
1585** Intraday support
1579** Intraday support
1570** Intraday support
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Time MA20 MA50 MA20_50 MACD_SL MACD_0 Bollinger RSI70 RSI30 Volume
01.08.2012 03:15 Down
01.08.2012 03:00 Down
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