Gold Intraday: under pressure.
Gold (XAU/USD)
+9.91+0.23%
short positions below 4200 with targets at 4160 & 4143 in extension.
Pivot: 4200
Our preference: short positions below 4200 with targets at 4160 & 4143 in extension.
Alternative scenario: above 4200 look for further upside with 4220 & 4230 as targets.
Comment: the RSI calls for a drop.
Supports and resistances:
4230
4220
4200
4179 Last
4160
4143
4127
Our preference: short positions below 4200 with targets at 4160 & 4143 in extension.
Alternative scenario: above 4200 look for further upside with 4220 & 4230 as targets.
Comment: the RSI calls for a drop.
Supports and resistances:
4230
4220
4200
4179 Last
4160
4143
4127
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