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GOLD (SPOT) INTRADAY: THE DOWNSIDE PREVAILS.
2012-03-07 09:38:53

 

GOLD (SPOT) INTRADAY: THE DOWNSIDE PREVAILS.
Pivot: 1705.00

Most Likely Scenario: SHORT positions below 1705 with targets @ 1682 & 1657.

Alternative scenario: The upside breakout of 1705 will open the way to 1725 & 1738.

Comment: the RSI is bearish and calls for further downside.
 

 



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The process of producing gold 1) Metallurgy. 2) Metal working and check. 3) Producing.
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