Gold Spot Intraday: Capped By A Negative Trend Line.
Short Positions Below 1110 With Targets @ 1098 & 1094 In Extension. ( 16/09/2015 02:13 )
Pivot: 1110
Our preference: Short positions below 1110 with targets @ 1098 & 1094 in extension.
Alternative scenario: Above 1110 look for further upside with 1116 & 1119 as targets.
Comment: As long as 1110 is resistance, likely decline to 1098.
Supports and resistances:
1119
1116
1110
1104.86 Last
1098
1094
1087.6
