Gold Spot Intraday: Under Pressure.
Short Positions Below 1146.5 With Targets @ 1126 & 1119 In Extension. ( 26/08/2015 09:35 )
Pivot: 1146.5
Our preference: Short positions below 1146.5 with targets @ 1126 & 1119 in extension.
Alternative scenario: Above 1146.5 look for further upside with 1153 & 1163 as targets.
Comment: As long as 1146.5 is resistance, likely decline to 1126.
Supports and resistances:
1163
1153
1146.5
1137.28 Last
1126
1119
1109
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