Gold Intraday: further advance.

Gold (XAU/USD)
+54.31+1.15%
long positions above 4730 with targets at 4843 & 4893 in extension.
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Pivot: 4730

Our preference: long positions above 4730 with targets at 4843 & 4893 in extension.

Alternative scenario: below 4730 look for further downside with 4695 & 4660 as targets.

Comment: the next resistances are at 4843 and then at 4893.

Supports and resistances:
4943
4893
4843
4793 Last
4730
4695
4660

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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