Gold spot Intraday:
the bias remains bullish.
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Pivot: 1225.30
Most likely scenario: long positions above 1225.30 with targets at
1232.50 & 1236.00 in extension.
Alternative scenario: below 1225.30 look for further downside with
1220.50 & 1216.00 as targets.
Comment: a support base at 1225.30 has formed and has allowed for a
temporary stabilisation.
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Monday, 8 May 2017
Gold spot Intraday 09 May 2017
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