Major Pivot: 19.50
GLD1881 preference: Buy positions above 19.5 with 20 & 20.3 in sight.
Second scenario: The downside penetration of 19.5 will call for 19.2 & 18.7.
Comment: the RSI broke above a bearish trend line.
Trend: ST Ltd downside; MT Bearish
Key levels Comment
20.55** Intraday resistance
20.3** Intraday resistance
20** Intraday resistance
19.687 Last
19.5** Intraday pivot point
19.2*** Intraday support
18.7** Intraday support
January 11, 2016