Gold Intraday: continuation of the rebound.
Gold (XAU/USD)
-0.95-0.02%
long positions above 4174 with targets at 4229 & 4243 in extension.
Pivot: 4174
Our preference: long positions above 4174 with targets at 4229 & 4243 in extension.
Alternative scenario: below 4174 look for further downside with 4162 & 4148 as targets.
Comment: the RSI is mixed with a bullish bias.
Supports and resistances:
4264
4243
4229
4200 Last
4174
4162
4148
Our preference: long positions above 4174 with targets at 4229 & 4243 in extension.
Alternative scenario: below 4174 look for further downside with 4162 & 4148 as targets.
Comment: the RSI is mixed with a bullish bias.
Supports and resistances:
4264
4243
4229
4200 Last
4174
4162
4148
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