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GOLD (SPOT) INTRADAY: THE BIAS REMAINS BULLISH.
2012-01-18 09:56:56

 

GOLD (SPOT) INTRADAY: THE BIAS REMAINS BULLISH.
Pivot: 1657.00

Most Likely Scenario: LONG positions above 1657 with targets @ 1670 & 1680.

Alternative scenario: The downside penetration of 1657 will call for 1650 & 1640.

Comment: the RSI is supported by a bullish trend line.
 

 



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