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Khamis, 23 Februari 2012

Analysis Gold - 23 Feb 1154

GOLD (Spot) intraday: the bias remains bullish.
Update on supports and resistances. ( 23/02/2012 11:54 )

Pivot: 1768.00

Our Preference: LONG positions above 1768 with targets @ 1781 & 1790.

Alternative scenario: The downside breakout of 1768 will open the way to 1760 & 1750.

Comment: the price remains on the upside and is challenging a resistance.

Trend: ST Bullish; MT Bullish

Key levels Comment

1800*** Intraday resistance
1790* Intraday resistance
1781** Intraday resistance

1776 Last

1768** Intraday pivot point
1760** Intraday support
1750** Intraday support


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