Gold spot Intraday 02-08-2016

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Long positions above 1343.00 with targets @ 1362.00 & 1367.00 in extension.

Pivot: 1343.00

Our preference: long positions above 1343.00 with targets @ 1362.00 & 1367.00 in extension.

Alternative scenario: below 1343.00 look for further downside with 1336.00 & 1328.00 as targets.

Comment: a support base at 1343.00 has formed and has allowed for a temporary stabilisation

gold signal

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