Gold Intraday: bullish bias above 5115.
Gold (XAU/USD)+87.74+1.73%
long positions above 5115 with targets at 5175 & 5195 in extension.

Pivot: 5115
Our preference: long positions above 5115 with targets at 5175 & 5195 in extension.
Alternative scenario: below 5115 look for further downside with 5095 & 5050 as targets.
Comment: the next resistances are at 5175 and then at 5195.
Supports and resistances:
5210
5195
5175
5143 Last
5115
5095
5050
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.