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Gold Spot Intraday: Caution. 2/9/2015

Gold Spot Intraday: Caution.

Long Positions Above 1134 With Targets @ 1148 & 1153 In Extension. ( 02/09/2015 02:23 )

Pivot: 1134

Our preference: Long positions above 1134 with targets @ 1148 & 1153 in extension.


Alternative scenario: Below 1134 look for further downside with 1125 & 1117 as targets.


Comment: The RSI is mixed and calls for caution.

Supports and resistances:

1160

1153

1148

1137 Last

1134

1125

1117




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