Gold‏ Intraday: key resistance at 1348.00.

2016-09-27

Pivot: 1348.00

Our preference: short positions below 1348.00 with targets @ 1333.50 & 1328.50 in extension.

Alternative scenario: above 1348.00 look for further upside with 1355.00 & 1359.00 as targets.

Comment: the RSI lacks upward momentum.

Supports and resistances:
1359.00
1355.00
1348.00
1339.00 Last
1333.50
1328.50
1323.50