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

Under Pressure

Our Pivot: 1303.00

Our Preference: Short sell below 1293.00 with strict stop loss of 1303.00 and target at 1280.00 and 1273.00.

Alternate Scenario: Upward penetration of 1303.00 will call for 1316.00.

NOTE: Capped by a negative trend line

Chart with Supports and Resistances