Analisa Teknikal Harga Emas, Jumaat 20/05/2011

GOLD (SPOT) INTRADAY: FURTHER ADVANCE.
Pivot: 1492.00

Most Likely Scenario: LONG positions above 1492 with targets @ 1512 & 1516.

Alternative scenario: The downside penetration of 1492 will call for a slide towards 1487 & 1472.

Comment: the break above 1500 is a positive signal that has opened a path to 1512-1516.