Gold Intraday Analysis 13 Feb 2014

February 13, 2014 9:59 am0 commentsViews: 931

Upside Prevails

Our Pivot:1279

Our Preference: Buy Gold Above 1284 with a strict stop loss of 1279  and profit target at 1297 and 1305

Alternate Scenario: Downward Penetration of 1279 will call for 1274 and 1268

Note: Gold Prices are getting support from a rising trend line along with expansion of its triangle.

Chart:

xauusddaily13022014

Comments

comments

Tags:

Leave a Reply

You must be logged in to post a comment.