Gold Spot Intraday: Bullish Bias Above 1130.
Long Positions Above 1130 With Targets @ 1151.5 & 1157 In Extension. ( 07/10/2015 04:08 )
Pivot: 1130
Our preference: Long positions above 1130 with targets @ 1151.5 & 1157 in extension.
Alternative scenario: Below 1130 look for further downside with 1122.5 & 1112 as targets.
Comment: A support base at 1130 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
1165
1157
1151.5
1148.26 Last
1130
1122.5
1112
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