Gold Intraday: bullish bias above 4262.
Gold (XAU/USD)
+58.46+1.37%
long positions above 4262 with targets at 4310 & 4330 in extension.
Pivot: 4262
Our preference: long positions above 4262 with targets at 4310 & 4330 in extension.
Alternative scenario: below 4262 look for further downside with 4245 & 4225 as targets.
Comment: the RSI advocates for further advance.
Supports and resistances:
4380
4330
4310
4288 Last
4262
4245
4225
Our preference: long positions above 4262 with targets at 4310 & 4330 in extension.
Alternative scenario: below 4262 look for further downside with 4245 & 4225 as targets.
Comment: the RSI advocates for further advance.
Supports and resistances:
4380
4330
4310
4288 Last
4262
4245
4225
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.
