Gold Intraday: consolidation.
Gold (XAU/USD)
-25.52-0.55%
long positions above 4588 with targets at 4636 & 4660 in extension.
Pivot: 4588
Our preference: long positions above 4588 with targets at 4636 & 4660 in extension.
Alternative scenario: below 4588 look for further downside with 4567 & 4546 as targets.
Comment: intraday technical indicators lack momentum.
Supports and resistances:
4700
4660
4636
4612 Last
4588
4567
4546
Our preference: long positions above 4588 with targets at 4636 & 4660 in extension.
Alternative scenario: below 4588 look for further downside with 4567 & 4546 as targets.
Comment: intraday technical indicators lack momentum.
Supports and resistances:
4700
4660
4636
4612 Last
4588
4567
4546
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