Gold Spot Intraday: Limited Upside.
Long Positions Above 1110 With Targets @ 1119 & 1124 In Extension. ( 02/10/2015 02:04 )
Pivot: 1110
Our preference: Long positions above 1110 with targets @ 1119 & 1124 in extension.
Alternative scenario: Below 1110 look for further downside with 1103 & 1099 as targets.
Comment: The RSI is supported by a rising trend line. Prices have broken above a declining trendline (Bullish)
Supports and resistances:
1129
1124
1119
1113.58 Last
1110
1103
1099
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