Gold Intraday: bounce.
Gold (XAU/USD)
+0.71+0.02%
long positions above 4191 with targets at 4231 & 4246 in extension.
Pivot: 4191
Our preference: long positions above 4191 with targets at 4231 & 4246 in extension.
Alternative scenario: below 4191 look for further downside with 4174 & 4162 as targets.
Comment: the RSI advocates for further upside.
Supports and resistances:
4258
4246
4231
4216 Last
4191
4174
4162
Our preference: long positions above 4191 with targets at 4231 & 4246 in extension.
Alternative scenario: below 4191 look for further downside with 4174 & 4162 as targets.
Comment: the RSI advocates for further upside.
Supports and resistances:
4258
4246
4231
4216 Last
4191
4174
4162
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.
