Pivot (invalidation): 1279.00 Our preference Short positions below 1279.00 with targets at 1273.50 & 1270.50 in extension. Alternative scenario Above 1279.00 look for further upside with 1282.00 & 1284.50 as targets...
Pivot (invalidation): 2858.00 Our preference Short positions below 2858.00 with targets at 2824.00 & 2800.50 in extension. Alternative scenario Above 2858.00 look for further upside with 2890.00 & 2913.75 as targets...
Pivot (invalidation): 12120.00 Our preference Short positions below 12120.00 with targets at 11940.00 & 11870.00 in extension. Alternative scenario Above 12120.00 look for further upside with 12180.00 & 12270.00 as targets...
Pivot (invalidation): 6.0450 Our preference Short positions below 6.0450 with targets at 6.0000 & 5.9850 in extension. Alternative scenario Above 6.0450 look for further upside with 6.0740 & 6.0930 as targets...
Pivot (invalidation): 0.6915 Our preference Short positions below 0.6915 with targets at 0.6875 & 0.6860 in extension. Alternative scenario Above 0.6915 look for further upside with 0.6935 & 0.6955 as targets...
Pivot (invalidation): 1.3445 Our preference Short positions below 1.3445 with targets at 1.3395 & 1.3375 in extension. Alternative scenario Above 1.3445 look for further upside with 1.3470 & 1.3490 as targets...
Pivot (invalidation): 1.0100 Our preference Short positions below 1.0100 with targets at 1.0075 & 1.0060 in extension. Alternative scenario Above 1.0100 look for further upside with 1.0120 & 1.0135 as targets...
Pivot (invalidation): 110.00 Our preference Long positions above 110.00 with targets at 110.35 & 110.55 in extension. Alternative scenario Below 110.00 look for further downside with 109.85 & 109.70 as targets...
Pivot (invalidation): 1.2755 Our preference Short positions below 1.2755 with targets at 1.2710 & 1.2685 in extension. Alternative scenario Above 1.2755 look for further upside with 1.2780 & 1.2805 as targets...
Pivot (invalidation): 1.1150 Our preference Long positions above 1.1150 with targets at 1.1180 & 1.1200 in extension. Alternative scenario Below 1.1150 look for further downside with 1.1135 & 1.1120 as targets...
GOLD looks to decline further on medium term bear pressure following its lower close the past week. On the downside, support comes in at the 1,270.00 level where a break will turn attention to the 1,260.00 level...
Pivot (invalidation): 62.90 Our preference Long positions above 62.90 with targets at 64.05 & 64.70 in extension. Alternative scenario Below 62.90 look for further downside with 62.55 & 62.25 as targets...
Pivot (invalidation): 14.5100 Our preference Short positions below 14.5100 with targets at 14.3200 & 14.2600 in extension. Alternative scenario Above 14.5100 look for further upside with 14.5700 & 14.6800 as targets...
Pivot (invalidation): 1284.00 Our preference Short positions below 1284.00 with targets at 1272.50 & 1266.25 in extension. Alternative scenario Above 1284.00 look for further upside with 1288.25 & 1291.00 as targets...
Pivot (invalidation): 2881.00 Our preference Short positions below 2881.00 with targets at 2851.00 & 2831.25 in extension. Alternative scenario Above 2881.00 look for further upside with 2902.50 & 2932.00 as targets...
Pivot (invalidation): 12145.00 Our preference Long positions above 12145.00 with targets at 12305.00 & 12360.00 in extension. Alternative scenario Below 12145.00 look for further downside with 12085.00 & 12030.00 as targets...
Pivot (invalidation): 6.0390 Our preference Long positions above 6.0390 with targets at 6.0660 & 6.0890 in extension. Alternative scenario Below 6.0390 look for further downside with 6.0180 & 6.0000 as targets...
Pivot (invalidation): 0.6890 Our preference Long positions above 0.6890 with targets at 0.6935 & 0.6950 in extension. Alternative scenario Below 0.6890 look for further downside with 0.6870 & 0.6850 as targets...
Pivot (invalidation): 1.3455 Our preference Short positions below 1.3455 with targets at 1.3415 & 1.3395 in extension. Alternative scenario Above 1.3455 look for further upside with 1.3470 & 1.3490 as targets...
