Gold Intraday: the upside prevails.
Gold (XAU/USD)
+64.64+1.29%
long positions above 5015 with targets at 5110 & 5150 in extension.
Pivot: 5015
Our preference: long positions above 5015 with targets at 5110 & 5150 in extension.
Alternative scenario: below 5015 look for further downside with 4990 & 4965 as targets.
Comment: the RSI calls for a rebound.
Supports and resistances:
5185
5150
5110
5081 Last
5015
4990
4965
Our preference: long positions above 5015 with targets at 5110 & 5150 in extension.
Alternative scenario: below 5015 look for further downside with 4990 & 4965 as targets.
Comment: the RSI calls for a rebound.
Supports and resistances:
5185
5150
5110
5081 Last
5015
4990
4965
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.
