Wednesday, September 7, 2011

GOLD (Spot) 1815 $ Intraday support

GOLD

Our Preference: SHORT positions below 1913 with targets @ 1857 & 1830.

Alternative scenario: The upside penetration of 1913 will call for 1940 & 1983.

Comment: the RSI is capped by a declining trend line.
1815 $ Intraday support