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Intraday technical analysis of Gold

by Jason Sen
Spot Gold holding support at 1569/67 & 1587/88 resistance.
Below 1579 we could now test support at 1569/67 again today & a break below 1565 could signal a retest of February lows at 1555.
We will need to hold above 1579/80 for another test of 1587/88 resistance. This could hold the top of the market again today but if we start to push higher look for 1595 with 1605/09 the target above.

Jason Sen.
Daily Technical forecasts US, Europe & Asia
Equity Index, Commodities, Forex & Fixed Income
www.daytradeideas.com
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