Gold Spot Intraday: Capped By A Negative Trend Line.
Short Positions Below 1127 With Targets @ 1110 & 1103 In Extension. ( 01/10/2015 04:34 )
Pivot: 1127
Our preference: Short positions below 1127 with targets @ 1110 & 1103 in extension.
Alternative scenario: Above 1127 look for further upside with 1135 & 1140 as targets.
Comment: As long as 1127 is resistance, likely decline to 1110.
Supports and resistances:
1140
1135
1127
1115.31 Last
1110
1103
1099
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