Gold Intraday: 4580 expected.

Gold (XAU/USD)
+61.41+1.37%
long positions above 4490 with targets at 4550 & 4580 in extension.
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Pivot: 4490

Our preference: long positions above 4490 with targets at 4550 & 4580 in extension.

Alternative scenario: below 4490 look for further downside with 4475 & 4459 as targets.

Comment: the break above 4490 is a positive signal that has opened a path to 4550.

Supports and resistances:
4605 *
4580 ***
4550 ***
4535 Last
4490 ***
4475 ***
4459 **

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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