Gold Intraday: 4,127 in sight
Gold (XAU/USD)
+33.96+0.84%
The upside prevails as long as 4,060 is support, with 4,127 and 4,145 as targets
Our pivot point is at 4,060.
Our preference: The upside prevails as long as 4,060 is support, with 4,127 and 4,145 as targets
Alternative scenario: below 4,060, expect 4,030 and 4,013.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price is above its 20 and 50 period moving average (respectively at 4,095 and 4,078).
Supports and resistances:
4,162 *
4,145 **
4,127
4,100 last
4,060 **
4,030 *
4,013 **
Our preference: The upside prevails as long as 4,060 is support, with 4,127 and 4,145 as targets
Alternative scenario: below 4,060, expect 4,030 and 4,013.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price is above its 20 and 50 period moving average (respectively at 4,095 and 4,078).
Supports and resistances:
4,162 *
4,145 **
4,127
4,100 last
4,060 **
4,030 *
4,013 **
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