Our preference: LONG positions above 1307 with 1334 & 1343 as next targets.
Alternative scenario: The downside penetration of 1307 will call for 1297 & 1288.
Comment: a support base at 1307 has formed and has allowed for a temporary stabilisation.
Monday, September 16, 2013
GOLD (Dec 13) intraday: rebound in sight.
Pivot: 1307.00
Our preference: LONG positions above 1307 with 1334 & 1343 as next targets.
Alternative scenario: The downside penetration of 1307 will call for 1297 & 1288.
Comment: a support base at 1307 has formed and has allowed for a temporary stabilisation.
Our preference: LONG positions above 1307 with 1334 & 1343 as next targets.
Alternative scenario: The downside penetration of 1307 will call for 1297 & 1288.
Comment: a support base at 1307 has formed and has allowed for a temporary stabilisation.
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