Gold spot Intraday: supported by a rising trend line.


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Date | 04-10-2017 - 11:15 PM Article Type | Technical Analysis Region | World

Pivot: 1270.50

Our preference: long positions above 1270.50 with targets at 1280.00 & 1282.50 in extension.

Alternative scenario: below 1270.50 look for further downside with 1268.00 & 1262.00 as targets.

Comment: the RSI is supported by a rising trend line.

Supports and resistances:

1286.50

1282.50

1280.00

1275.90 Last

1270.50

1268.00

1262.00

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Author: Heang Sovann
Source: PPS
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