XAU Trading Outlook (01-04-2016)

SPI 200‏ (ASX)‏ (M6) Intraday: caution

Pivot: 5030

Our preference: long positions above 5030 with targets @ 5100 & 5145 in extension.

Alternative scenario: below 5030 look for further downside with 4990 & 4960 as targets.

Comment: the RSI is mixed and calls for caution.

Supports and resistances:
5185
5145
5100
5051 Last
5030
4990
4960

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