Gold (Z-17) Intra-day Analysis 28 Sep 2017

Under Pressure

Our Pivot: 1293.0

Our Preference: Short sell below 1288.0 with strict stop loss of 1293.0 and target at 1277.0 and 1273.0.

Alternate Scenario: Upward penetration of 1293.0 will call for 1301.0.

NOTE: Capped by a negative trend line

Chart with Supports and Resistances