Gold (Z-17) Intra-day Analysis 27 Sep 2017

Under Pressure

Our Pivot: 1307.00

Our Preference: Short sell below 1298.00 with strict stop loss of 1307.00 and target at 1290.00 and 1283.00.

Alternate Scenario: Upward penetration of 1307.00 will call for 1317.00.

NOTE: Capped by a negative trend line

Chart with Supports and Resistances