Gold spot Intraday: further advance.

Date: 2018/10/11
Time: 09:35 (GMT +2)
Ticker: GOLDS
Last: 1200.5
Pivot: 1195.0
1st sup. 1195.0
2nd sup. 1191.5
3rd sup. 1188.0
1st res. 1206.0
2nd res. 1208.5
3rd res. 1212.0
Title:
Summary: Long positions above 1195.00 with targets at 1206.00 & 1208.50 in extension.
Story: Pivot: 1195.00

Our preference: long positions above 1195.00 with targets at 1206.00 & 1208.50 in extension.

Alternative scenario: below 1195.00 look for further downside with 1191.50 & 1188.00 as targets.

Comment: the break above the resistance at 1195.00 triggered an upward acceleration to 1206.00.

Supports and resistances:
1212.00
1208.50
1206.00
1200.50 Last
1195.00
1191.50
1188.00