Date:

2012/05/28 12:06 Time: (GMT +1) Ticker: GOLDS Last: 1579.22 Pivot: 1565.0 1st sup. 1565.0 2nd sup. 1557.0 3rd sup. 1551.0 1st res. 1585.0 2nd res. 1599.0 3rd res. 1622.0 Title: GOLD (Spot) intraday: the bias remains bullish. Summary: Update on supports and resistances. Story: Pivot: 1565.00 Our Preference: LONG positions above 1565 with 1585 & 1599 in sight. Alternative scenario: The downside penetration of 1565 will call for 1557 & 1551. Comment: the RSI is supported by a bullish trend line. Trend: ST Consolidation; MT Bullish Key levels Comment 1622** Intraday resistance 1599** Intraday resistance 1585** Intraday resistance 1579.22 Last 1565** Intraday pivot point 1557** Horizontal support 1551*** Horizontal support