'
Major Pivot: 19.37
GLD1881 preference: LONG positions above 19.37 with 19.9 & 20.1 as next targets.
Second scenario: The downside penetration of 19.37 will call for 19.08 & 18.7.
Comment: a support base at 19.37 has formed and has allowed for a temporary stabilisation.
Trend: ST Ltd downside; MT Bearish
Key levels Comment
20.35** Intraday resistance
20.1** Intraday resistance
19.9** Intraday resistance
19.64 Last
19.37*** Intraday pivot point
19.08** Intraday support
18.7** Intraday support
January 11, 2016