Gold Spot Intraday: The Upside Prevails.
Long Positions Above 1123 With Targets @ 1146.5 & 1153 In Extension. ( 31/08/2015 02:15 )
Pivot: 1123
Our preference: Long positions above 1123 with targets @ 1146.5 & 1153 in extension.
Alternative scenario: Below 1123 look for further downside with 1117 & 1109 as targets.
Comment: The RSI is mixed with a bullish bias.
Supports and resistances:
1160
1153
1146.5
1132 Last
1123
1117
1109
