Gold Intraday: turning up.
Gold (XAU/USD)
-13.98-0.32%
long positions above 4342 with targets at 4385 & 4400 in extension.
Pivot: 4342
Our preference: long positions above 4342 with targets at 4385 & 4400 in extension.
Alternative scenario: below 4342 look for further downside with 4306 & 4284 as targets.
Comment: the RSI shows upside momentum.
Supports and resistances:
4450
4400
4385
4363 Last
4342
4306
4284
Our preference: long positions above 4342 with targets at 4385 & 4400 in extension.
Alternative scenario: below 4342 look for further downside with 4306 & 4284 as targets.
Comment: the RSI shows upside momentum.
Supports and resistances:
4450
4400
4385
4363 Last
4342
4306
4284
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