Gold Intraday: further advance.

Gold (XAU/USD)
+58.50+1.43%
long positions above 4135 with targets at 4180 & 4200 in extension.
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Pivot: 4135

Our preference: long positions above 4135 with targets at 4180 & 4200 in extension.

Alternative scenario: below 4135 look for further downside with 4110 & 4085 as targets.

Comment: the next resistances are at 4180 and then at 4200.

Supports and resistances:
4220 **
4200 ***
4180 ***
4156 Last
4135 ***
4110 **
4085 **

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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