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Gold Spot Intraday: The Downside Prevails.

Gold Spot Intraday: The Downside Prevails.

Short Positions Below 1140 With Targets @ 1126 & 1119 In Extension. ( 26/08/2015 13:35 )


Pivot: 1140

Our preference: Short positions below 1140 with targets @ 1126 & 1119 in extension.

Alternative scenario: Above 1140 look for further upside with 1146.5 & 1153 as targets.

Comment: The RSI advocates for further decline.

Supports and resistances:
1153

1146.5

1140

1131.16 Last

1126

1119

1109



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