Gold Intraday: towards 5000.
Gold (XAU/USD)
-41.22-0.81%
long positions above 4885 with targets at 4970 & 5000 in extension.
Pivot: 4885
Our preference: long positions above 4885 with targets at 4970 & 5000 in extension.
Alternative scenario: below 4885 look for further downside with 4855 & 4825 as targets.
Comment: the RSI shows upside momentum.
Supports and resistances:
5045
5000
4970
4939 Last
4885
4855
4825
Our preference: long positions above 4885 with targets at 4970 & 5000 in extension.
Alternative scenario: below 4885 look for further downside with 4855 & 4825 as targets.
Comment: the RSI shows upside momentum.
Supports and resistances:
5045
5000
4970
4939 Last
4885
4855
4825
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.
