Gold spot Intraday: break of a ST rising trendline support.
Most Likely Scenario: short positions below 1074.5 with targets @ 1064 & 1058 in extension.
Alternative scenario: above 1074.5 look for further upside with 1079 & 1083 as targets.
Comment: as long as 1074.5 is resistance, likely decline to 1064.
Most Likely Scenario: short positions below 37.55 with targets @ 35.9 & 35 in extension.
Alternative scenario: above 37.55 look for further upside with 38.41 & 39.01 as targets.
Comment: as long as 37.55 is resistance, likely decline to 35.9.
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