Gold Intraday: key resistance at 4569.

Gold (XAU/USD)
+27.56+0.61%
short positions below 4569 with targets at 4500 & 4480 in extension.
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Pivot: 4569

Our preference: short positions below 4569 with targets at 4500 & 4480 in extension.

Alternative scenario: above 4569 look for further upside with 4588 & 4605 as targets.

Comment: the RSI has just struck against its neutrality area at 50%.

Supports and resistances:
4605 ***
4588 **
4569 ***
4538 Last
4500 ***
4480 ***
4445 *

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.
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