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
TIPS:
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