Monday, 6 March 2017

EU Open Trading Signals Gold Spot

Gold spot Intraday: under pressure.
Pivot: 1230.50

Most likely scenario: short positions below 1230.50 with targets at 1222.50 & 1219.00 in extension.

Alternative scenario: above 1230.50 look for further upside with 1237.00 & 1242.20 as targets.


Comment: the RSI is mixed to bearish.



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