Gold Spot Intraday: Capped By A Negative Trend Line.
Short Positions Below 1130 With Targets @ 1114 & 1110 In Extension. ( 07/09/2015 01:53 )
Pivot: 1130
Our preference: Short positions below 1130 with targets @ 1114 & 1110 in extension.
Alternative scenario: Above 1130 look for further upside with 1136 & 1142 as targets.
Comment: As long as 1130 is resistance, likely decline to 1114.
Supports and resistances:
1142
1136
1130
1122.49 Last
1114
1110
1104
