GOLD‏ (Spot) intraday: key ST resistance at 1810

Pivot: 1810.00

Our Preference: SHORT positions below 1810 with 1745 & 1725 in sight.

Alternative scenario: The upside penetration of 1810 will call for a rebound towards 1825 & 1840.

Comment: the validation of a symmetrical triangle calls for a new down leg.

Trend: ST Consolidation; MT Bullish

Key levels Comment

1840** Intraday resistance
1825** Intraday resistance
1810** Intraday pivot point
1774 Last
1745** Intraday support
1725** Intraday support
1703** Intraday support