Gold Intraday: the bias remains bullish.

Gold (XAU/USD)
+63.28+1.33%
long positions above 4815 with targets at 4887 & 4930 in extension.
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Pivot: 4815

Our preference: long positions above 4815 with targets at 4887 & 4930 in extension.

Alternative scenario: below 4815 look for further downside with 4785 & 4748 as targets.

Comment: the next resistances are at 4887 and then at 4930.

Supports and resistances:
4970
4930
4887
4861 Last
4815
4785
4748

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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