Gold Intraday: further advance.

Gold (XAU/USD)
-26.38-0.55%
long positions above 4710 with targets at 4860 & 4910 in extension.
image
Pivot: 4710

Our preference: long positions above 4710 with targets at 4860 & 4910 in extension.

Alternative scenario: below 4710 look for further downside with 4665 & 4630 as targets.

Comment: the RSI shows upside momentum.

Supports and resistances:
4960
4910
4860
4795 Last
4710
4665
4630

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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