Gold‏ Intraday: further advance.

2016-09-22

Pivot: 1329.20

Our preference: long positions above 1329.20 with targets @ 1346.75 & 1350.00 in extension.

Alternative scenario: below 1329.20 look for further downside with 1322.76 & 1315.00 as targets.

Comment: the RSI lacks downward momentum.

Supports and resistances:
1355.00
1350.00
1346.75
1337.00 Last
1329.20
1322.76
1315.00