Gold‏ Intraday:

2016-10-06

Pivot: 1279.50

Our preference: short positions below 1279.50 with targets at 1257.00 & 1249.00 in extension.

Alternative scenario: above 1279.50 look for further upside with 1287.00 & 1298.00 as targets.

Comment: the RSI is below its neutrality area at 50%

Supports and resistances:
1298.00
1287.00
1279.50
1267.70 Last
1257.00
1249.00
1235.00