Gold Intraday: the downside prevails.
Gold (XAU/USD)
-0.95-0.02%
short positions below 4212 with targets at 4174 & 4162 in extension.
Pivot: 4212
Our preference: short positions below 4212 with targets at 4174 & 4162 in extension.
Alternative scenario: above 4212 look for further upside with 4228 & 4241 as targets.
Comment: the RSI advocates for further decline.
Supports and resistances:
4241
4228
4212
4192 Last
4174
4162
4143
Our preference: short positions below 4212 with targets at 4174 & 4162 in extension.
Alternative scenario: above 4212 look for further upside with 4228 & 4241 as targets.
Comment: the RSI advocates for further decline.
Supports and resistances:
4241
4228
4212
4192 Last
4174
4162
4143
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