Gold - Intraday - We look to Sell at 1415 (stop at 1425) TODAY ONLY
Continued downward momentum from 1424 resulted in the pair posting net daily losses yesterday. Bespoke support is located at 1381. The medium term bias remains . A 5 wave count has been completed at 1439. Immediate signals are hard to interpret. Preferred trade is to sell into rallies.
Our profit targets will be 1381 and 1365
Resistance: 1397 / 1415 / 1439
Support: 1381 / 1365 / 13333