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XAUUSD tested the 2290.00 support and then rebounded to the 2310.00 level with a gradual uptrend. XAUUSD's first resistance line is formed at 2330.00, and if the initial resistance is breached upward, XAUUSD will be able to gain upward momentum toward the 2350.00 level. Conversely, if XAUUSD retests the 2290.00 support, the price may decline further toward the 2260.00 level. Are you buying or selling?

GOLD DAILY SHORT ANALYSIS.. Intraday: turning down. XAU/USD may fall 12.00-23.00 USD Our preference Short positions below 2313.00 with targets at 2288.00 & 2277.00 in extension. 2339.00 Resistance... 2325.00 Resistance 2313.00 Resistance. 2300.00 Last 2313.00 Pivot 2288.00 Support. 2277.00 Support.. 2266.00 Support... Comment The RSI is bearish and calls for further decline. Alternative scenario Above 2313.00 look for further upside with 2325.00 & 2339.00 as targets.

GOLD DAILY SHORT ANALYSES. Intraday: the downside prevails. XAU/USD may fall 21.5530.55 USD Our preference Short positions below 2315.00 with targets at 2277.00 & 2268.00 in extension. 2357.00 Resistance... 2340.00 Resistance 2315.00 Resistance. 2298.55 Last 2315.00 Pivot 2277.00 Support. 2268.00 Support.. 2246.00 Support Comment The RSI is mixed with a bearish bias. Alternative scenario Above 2315.00 look for further upside with 2340.00 & 2357.00 as targets.

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GOLD DAILY SHORT ANALYSES. Intraday: the upside prevails. XAU/USD may rise 8.00-18.00 USD Our preference Long positions above 2352.00 with targets at 2375.00 & 2385.00 in extension. 2395.00 Resistance... 2385.00 Resistance 2375.00 Resistance. 2367.00 Last 2352.00 Pivot 2352.00 Support. 2340.00 Support.. 2329.00 Support Comment The RSI shows upside momentum. Alternative scenario Below 2352.00 look for further downside with 2340.00..

GOLD ANALYSIS XAU/USD may fall 10.3817.38 USD Our preference Short positions below 2337.00 with targets at 2321.00 & 2314.00 in extension. 2355.00 Resistance 2345.00 Resistance 2337.00 Resistance. 2331.38 Last 2337.00 Pivot 2321.00 Support. 2314.00 Support.. 2306.00 Support... Comment As long as 2337.00 is resistance, look for choppy price action with a bearish bias. Alternative scenario Above 2337.00 look for further upside with 2345.00 & 2355.00 as targets.

GOLD DAILY SHORT ANALYSIS Intraday: bullish bias above 2341.00. XAU/USD may rise 10.00-17.00 USD Our preference Long positions above 2341.00 with targets at 2355.00 & 2362.00 in extension. 2370.00 Resistance 2362.00 Resistance.. 2355.00 Resistance. 2345.00 Last 2341.00 Pivot 2341.00 Support. 2331.00 Support.. 2320.00 Support... Comment The RSI is above its neutrality area at 50%. Alternative scenario Below 2341.00 look for further downside with 2331.00 & 2320.00 as targets.

GOLD DAILY SHORT ANALYSIS. Intraday: towards 2306.00. XAU/USD may fall 13.00-21.00 USD Our preference Short positions below 2337.00 with targets at 2314.00 & 2306.00 in extension. 2356.00 Resistance 2345.00 Resistance 2337.00 Resistance. 2327.00 Last 2337.00 Pivot 2314.00 Support. 2306.00 Support.. 2300.00 Support... Comment The RSI is mixed to bearish. Alternative scenario Above 2337.00 look for further upside with 2345.00 & 2356.00 as targets.

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GOLD DAILY SHORT ANALYSES Intraday: rebound expected. XAU/USD may rise 8.3615.36 USD Our preference Long positions above 2334.00 with targets at 2355.00 & 2362.00 in extension. 2374.00 Resistance 2362.00 Resistance 2355.00 Resistance. 2346.64 Last 2334.00 Pivot 2334.00 Support. 2328.00 Support.. 2323.00 Support... Comment The RSI has just landed on its neutrality area at 50% and is turning up. Alternative scenario Below 2334.00 look for further downside with 2328.00 & 2323 00 as targets..

Gold Daily Short Analysis Intraday: under pressure. XAU/USD may fall 10.4620.46 USD Our preference Short positions below 2340.00 with targets at 2325.00 & 2315.00 in extension. 2353.00 Resistance... 2347.00 Resistance 2340.00 Resistance. 2335.46 Last 2340.00 Pivot 2325.00 Support. 2315.00 Support.. 2304.00 Support... Comment As long as the resistance at 2340.00 is not surpassed, the risk of the break below 2325.00 remains high. Alternative scenario Above 2340.00 look for further upside with 2347.00 & 2353.00 as targets.

Gold Daily Short Analyses. Intraday: intraday support around 2350.00. XAU/USD may rise 11.00-18.00 USD Our preference Long positions above 2350.00 with targets at 2370.00 & 2377.00 in extension. 2384.00 Resistance 2377.00 Resistance 2370.00 Resistance 2359.00 Last 2350.00 Pivot 2350.00 Support. 2344.00 Support.. 2338.00 Support... Comment The break above 2350.00 is a positive signal that has opened a path to 2370.00.

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Intraday: bullish bias above 2338.00. XAU/USD may rise 5.9917.99 USD Our preference Long positions above 2338.00 with targets at 2358.00 & 2370.00 in extension. 2384.00 Resistance... 2370.00 Resistance 2358.00 Resistance. 2352.01 Last 2338.00 Pivot 2338.00 Support. 2332.00 Support.. 2325.00 Support... Comment The RSI is around its neutrality area at 50% Alternative scenario Below 2338.00 look for further downside with 2332.00 & 2325.00 as targets.