Gold Intraday: further upside.

Gold (XAU/USD)
+45.28+1.11%
long positions above 4055 with targets at 4145 & 4180 in extension.
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Pivot: 4055

Our preference: long positions above 4055 with targets at 4145 & 4180 in extension.

Alternative scenario: below 4055 look for further downside with 4030 & 3997 as targets.

Comment: the RSI is bullish and calls for further advance.

Supports and resistances:
4210
4180
4145
4112 Last
4055
4030
3997

Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
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