Gold Spot Intraday: Under Pressure.
Short Positions Below 1140 With Targets @ 1117 & 1109 In Extension. ( 27/08/2015 02:04 )
Pivot: 1140
Our preference: Short positions below 1140 with targets @ 1117 & 1109 in extension.
Alternative scenario: Above 1140 look for further upside with 1153 & 1163 as targets.
Comment: As long as 1140 is resistance, likely decline to 1117.
Supports and resistances:
1163
1153
1140
1125.45 Last
1117
1109
1101
