Gold Intraday: bullish bias above 5160.
Gold (XAU/USD)+42.37+0.82%
long positions above 5160 with targets at 5215 & 5235 in extension.

Pivot: 5160
Our preference: long positions above 5160 with targets at 5215 & 5235 in extension.
Alternative scenario: below 5160 look for further downside with 5130 & 5095 as targets.
Comment: intraday technical indicators are mixed and call for caution.
Supports and resistances:
5250
5235
5215
5176 Last
5160
5130
5095
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.