Gold spot Intraday: the downside prevails.

Our preference: Short positions below 1143 with targets @ 1134 & 1129 in extension.

Alternative scenario: Above 1143 look for further upside with 1150 & 1155 as targets.

Comment: As long as the resistance at 1143 is not surpassed, the risk of the break below 1134 remains high.

Post Comment