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Old 23rd November 2011, 07:18
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Default Gold Technical Analysis

Gold Technical Analysis

GOLD‏ (Spot) intraday: bullish bias above 1695
Pivot: 1695.00

Our Preference: LONG positions above 1695 with 1713 & 1735 as next targets.

Alternative scenario: The downside breakout of 1695 will open the way to 1688 & 1667.

Comment: supported by a rising trend line.

Trend: ST Consolidation; MT Bullish
www.masrfx.com

Key levels Comment

1753* Intraday resistance
1735** Intraday resistance
1713*** Intraday resistance
1707 Last
1695** Intraday pivot point
1688** Intraday support
1667** Intraday support

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