Gold Intraday: towards 4246.
Gold (XAU/USD)
+40.75+0.96%
long positions above 4196 with targets at 4246 & 4265 in extension.
Pivot: 4196
Our preference: long positions above 4196 with targets at 4246 & 4265 in extension.
Alternative scenario: below 4196 look for further downside with 4184 & 4174 as targets.
Comment: the next resistances are at 4246 and then at 4265.
Supports and resistances:
4290
4265
4246
4226 Last
4196
4184
4174
Our preference: long positions above 4196 with targets at 4246 & 4265 in extension.
Alternative scenario: below 4196 look for further downside with 4184 & 4174 as targets.
Comment: the next resistances are at 4246 and then at 4265.
Supports and resistances:
4290
4265
4246
4226 Last
4196
4184
4174
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