Gold Intraday: 4800 in sight.

Gold (XAU/USD)
+69.35+1.49%
long positions above 4645 with targets at 4735 & 4800 in extension.
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Pivot: 4645

Our preference: long positions above 4645 with targets at 4735 & 4800 in extension.

Alternative scenario: below 4645 look for further downside with 4600 & 4565 as targets.

Comment: the RSI calls for a bounce.

Supports and resistances:
4860
4800
4735
4717 Last
4645
4600
4565

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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