Gold Intraday: further advance.

Gold (XAU/USD)
+52.13+1.30%
long positions above 4052 with targets at 4114 & 4137 in extension.
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Pivot: 4052

Our preference: long positions above 4052 with targets at 4114 & 4137 in extension.

Alternative scenario: below 4052 look for further downside with 4030 & 4013 as targets.

Comment: the next resistances are at 4114 and then at 4137.

Supports and resistances:
4165 **
4137 **
4114 ***
4071 Last
4052 ***
4030 **
4013 **

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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