Gold Intraday: rebound.
Gold (XAU/USD)
+47.79+1.08%
long positions above 4428 with targets at 4497 & 4520 in extension.
Pivot: 4428
Our preference: long positions above 4428 with targets at 4497 & 4520 in extension.
Alternative scenario: below 4428 look for further downside with 4405 & 4375 as targets.
Comment: the RSI calls for a new upleg.
Supports and resistances:
45550
4520
4497
4476 Last
4428
4405
4375
Our preference: long positions above 4428 with targets at 4497 & 4520 in extension.
Alternative scenario: below 4428 look for further downside with 4405 & 4375 as targets.
Comment: the RSI calls for a new upleg.
Supports and resistances:
45550
4520
4497
4476 Last
4428
4405
4375
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