Contributors Technical Analysis Gold Spot Key Resistance At 1207.00

Gold Spot Key Resistance At 1207.00

Pivot (invalidation): 1207.00

Our preference Short positions below 1207.00 with targets at 1199.50 & 1195.00 in extension.

Alternative scenario Above 1207.00 look for further upside with 1211.50 & 1215.00 as targets.

Comment As Long as the resistance at 1207.00 is not surpassed, the risk of the break below 1199.50 remains high.

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