Gold intraday: Teh downside prevails

[StyleSignals]

Pivot: 809.00

Our preference: SHORT below 809 with targets at 796 and 790.3.

Alternative scenario: A penetration of 809 would call for 818.2.

Comment: The 60-min RSI is bearish.

Trend: ST Range; MT Bullish

Key levels Comment

827.5*
818.2**
809***
802 Last
796*
790.3**
777.5**

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http://www.style-signals.com/signals...id=77&Itemid=1


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