Gold Intraday: under pressure.
Gold (XAU/USD)
+39.52+0.83%
short positions below 4876 with targets at 4805 & 4785 in extension.
Pivot: 4876
Our preference: short positions below 4876 with targets at 4805 & 4785 in extension.
Alternative scenario: above 4876 look for further upside with 4910 & 4940 as targets.
Comment: the RSI is below its neutrality area at 50%
Supports and resistances:
4940
4910
4876
4833 Last
4805
4785
4767
Our preference: short positions below 4876 with targets at 4805 & 4785 in extension.
Alternative scenario: above 4876 look for further upside with 4910 & 4940 as targets.
Comment: the RSI is below its neutrality area at 50%
Supports and resistances:
4940
4910
4876
4833 Last
4805
4785
4767
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