Gold Intraday: bullish bias above 4480.

Gold (XAU/USD)
-12.51-0.28%
long positions above 4480 with targets at 4535 & 4560 in extension.
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Pivot: 4480

Our preference: long positions above 4480 with targets at 4535 & 4560 in extension.

Alternative scenario: below 4480 look for further downside with 4445 & 4400 as targets.

Comment: the next resistances are at 4535 and then at 4560.

Supports and resistances:
4595 **
4560 ***
4535 **
4488 Last
4480 ***
4445 ***
4400 **

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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