Gold Intraday: key resistance at 3395.00.
Gold (XAU/USD)
+34.77+1.05%
short positions below 3395.00 with targets at 3315.00 & 3285.00 in extension.
Pivot: 3395.00
Our preference: short positions below 3395.00 with targets at 3315.00 & 3285.00 in extension.
Alternative scenario: above 3395.00 look for further upside with 3430.00 & 3465.00 as targets.
Comment: the index currently faces a challenging resistance area at 3395.00.
Supports and resistances:
3465.00
3430.00
3395.00
3377.31 Last
3315.00
3285.00
3240.00
Our preference: short positions below 3395.00 with targets at 3315.00 & 3285.00 in extension.
Alternative scenario: above 3395.00 look for further upside with 3430.00 & 3465.00 as targets.
Comment: the index currently faces a challenging resistance area at 3395.00.
Supports and resistances:
3465.00
3430.00
3395.00
3377.31 Last
3315.00
3285.00
3240.00
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