Gold Spot Intraday: Under Pressure.
Short Positions Below 1116 With Targets @ 1094 & 1085 In Extension. ( 10/09/2015 04:17 )
Pivot: 1116
Our preference: Short positions below 1116 with targets @ 1094 & 1085 in extension.
Alternative scenario: Above 1116 look for further upside with 1126 & 1130.7 as targets.
Comment: Technically the RSI is below its neutrality area at 50.
Supports and resistances:
1130.7
1126
1116
1107.06 Last
1094
1085
1070
