Gold Spot Intraday: Continuation Of The Rebound.
Long Positions Above 1133 With Targets @ 1146.5 & 1153 In Extension. ( 01/09/2015 07:20 )
Pivot: 1133
Our preference: Long positions above 1133 with targets @ 1146.5 & 1153 in extension.
Alternative scenario: Below 1133 look for further downside with 1125 & 1117 as targets.
Comment: The RSI advocates for further upside.
Supports and resistances:
1160
1153
1146.5
1142 Last
1133
1125
1117
