Tuesday, November 27, 2012

GOLD‏ (Spot) intraday: the bias remains bullish.


Pivot: 1735.00
Our preference: LONG positions above 1735 with 1757 & 1765 in sight.
Alternative scenario: The downside penetration of 1735 will call for 1728 & 1722.
Comment: even though a continuation of the consolidation cannot be ruled out , its extent should be limited.


By at

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