Gold Intraday: target 4090.
Gold (XAU/USD)-35.53-0.88%
long positions above 3970 with targets at 4090 & 4140 in extension.

Pivot: 3970
Our preference: long positions above 3970 with targets at 4090 & 4140 in extension.
Alternative scenario: below 3970 look for further downside with 3940 & 3900 as targets.
Comment: the RSI calls for a rebound.
Supports and resistances:
4210 **
4140 **
4090 ***
4020 Last
3970 ***
3940 *
3900 *
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.