UncategorizedWeekly Analysis

Gold spot Intraday: look for 1452.00.( 8.11.2019)

Pivot: 1479.00

Our preference: short positions below 1479.00 with targets at 1460.00 & 1452.00 in extension.

Alternative scenario: above 1479.00 look for further upside with 1488.00 & 1494.00 as targets.

Comment: as long as the resistance at 1479.00 is not surpassed, the risk of the break below 1460.00 remains high.

Supports and resistances:
1494.00
1488.00
1479.00
1469.00 Last
1460.00
1452.00
1445.50

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