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Gold Spot Intraday: Turning Down. 3/9/2015

Gold Spot Intraday: Turning Down.

Short Positions Below 1142.5 With Targets @ 1125 & 1117 In Extension. ( 03/09/2015 02:20 )

Pivot: 1142.5

Our preference: Short positions below 1142.5 with targets @ 1125 & 1117 in extension.


Alternative scenario: Above 1142.5 look for further upside with 1148 & 1153 as targets.


Comment: The RSI is bearish and calls for further downside.


Supports and resistances:

1153

1148

1142.5

1132 Last

1125

1117

1110




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