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GOLD DAILY SHORT ANALYSIS
Intraday: intraday support around 2325.00.
XAU/USD may rise 18.00 33.00 USD
Our preference
Long positions above 2325.00 with targets at 2355.00 & 2370.00 in extension.
2384.00 Resistance...
2370.00 Resistance
2355.00 Resistance.
2337.00 Last
2325.00 Pivot
2325.00 Support.
2304.00 Support..
2285.00 Support...
Comment
The next resistances are at 2355.00 and then at 2370.00.
Alternative scenario
Below 2325.00 look for further downside with 2304.00 & 2285.00 as targets.
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GOLD DAILY SHORT ANALYSIS β
Intraday: further upside.
XAU/USD may rise 8.00-21.00 USD
Our preference
Long positions above 2315.00 with targets at 2333.00 & 2346.00 in extension.
2354.00 Resistance***
2346.00 Resistance
2333.00 Resistance
2325.00 Last
2315.00 Pivot
2315.00 Support
2306.00 Support
2292.00 Support...
Comment
The next resistances are at 2333.00 and then at 2346.00.
Alternative scenario
Below 2315.00 look for further downside with 2306.00 & 2292.00 as targets.
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GOLD DAILY SHORT ANALYSIS β
Intraday: under press pressure.
XAU/USD may fall 7.58-19.58 USD
Our preference
Short positions below 2309.00 with targets at 2280.00 & 2268.00 in extension
2328.00 Resistance
2320.00 Resistance
2309.00 Resistance
2287.58 Last
2309.00 Pivot
2280,00 Support
2268.00 Support..
2255.00 Support
Comment
The RSI is bearish and calls for further decline.
Alternative scenario
Above 2309.00 look for further upside with 2320.00 & 2328.00 as targets.
EURUSD DAILY SHORT ANALYSIS β
Intraday: watch 1.0650.
EUR/USD may fall 10-35 pips
Our preference
Short positions below 1.0690 with targets at 1.0650 & 1.0625 in extension.
1.07350 Resistance...
1.07150 Resistance
1.06900 Resistance.
1.06600 Last
1.06900 Pivot
1.06500 Support
1.06250 Support"
1.06000 Support...
Comment
A break below 1.0650 would trigger a drop towards 1.0625.
Alternative scenario
Above 1.0690 look for further upside with 1.0715 & 1.0735 as targets.
EURUSD DAILY SHORT ANALYSIS β
Intraday: the bias remains bullish.
EUR/USD may rise 14-34 pips
Our preference
Long positions above 1.0695 with targets at 1.0730 & 1.0750 in extension.
1.07700 Resistance
1.07500 Resistance
1.07300 Resistance
1.07160 Last
1.06950 Pivot
1.06950 Support-
1.06750 Support..
1.06600 Support...
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Alternative scenario
Below 1.0695 look for further downside with 1.0675 & 1.0660 as targets.
GOLD DAILY SHORT ANALYSIS β
Intraday: intraday support around 2326.00.
XAU/USD may rise 10.00-16.00 USD
Our preference
Long positions above 2326.00 with targets at 2346.00 & 2352.00 in extension.
2360.00 Resistance***
2352.00 Resistance
2346.00 Resistance
2336.00 Last
2326.00 Pivot
2326.00 Support.
2320.00 Support
2313.00 Support...
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Alternative scenario
Below 2326.00 look for further downside with 2320.00 & 2313.00 as targets.
GOLD DAILY SHORT ANALYSIS β
Intraday: under pressure.
XAU/USD may fall 7.21-14.21 USD
Our preference
Short positions below 2341.00 with targets at 2322.00 & 2315.00 in extension.
2359.00 Resistance
2352.00 Resistance
2341.00 Resistance-
2329.21 Last
2341.00 Pivat
2322.00 Support
2315.00 Support..
2305.00 Support...
Comment
A break below 2322.00 would trigger a drop towards 2315.00.
Alternative scenario
Above 2341.00 look for further upside with 2352.00 & 2359.00 as targets.
EURUSD DAILY SHORT ANALYSIS β
Intraday: caution.
EUR/USD may fall 22-37 pips
Our preference
Short positions below 1.0720 with targets at 1.0690 & 1.0675 in extension.
1.07500 Resistance
1.07350 Resistance
1,07200 Resistance
1.07120 Last
1.07200 Pivot
1.06900 Support
1.06750 Support..
1.06600 Support...
Comment
Intraday technical indicators are mixed and call for caution.
Alternative scenario
Above 1.0720 look for further upside with 1.0735 & 1.0750 as targets.
EURUSD DAILY SHORT ANALYSIS β
Intraday: the bias remains bullish.
XAU/USD may rise 14.20-25.20 USD
Our preference
Long positions above 2315.00 with targets at 2344.00 & 2355.00 in extension.
2369.00 Resistance
2355.00 Resistance"
2344.00 Resistance
2329.80 Last
2315.00 Pivot
2315.00 Support
2305.00 Support..
2294.00 Support...
Comment
Technically the RSI is above its neutrality area at 50.
Alternative scenario
Below 2315.00 look for further downside with 2305.00 & 2294.00 as targets.
GOLD DAILY SHORT ANALYSIS β
Intraday: the bias remains bullish.
XAU/USD may rise 14.20-25.20 USD
Our preference
Long positions above 2315.00 with targets at 2344.00 & 2355.00 in extension.
2369.00 Resistance
2355.00 Resistance"
2344.00 Resistance
2329.80 Last
2315.00 Pivot
2315.00 Support
2305.00 Support..
2294.00 Support...
Comment
Technically the RSI is above its neutrality area at 50.
Alternative scenario
Below 2315.00 look for further downside with 2305.00 & 2294.00 as targets.
EURUSD DAILY SHORT ANALYSIS β
Intraday: caution.
EUR/USD may fall 25-40 pips
Our preference
Short positions below 1.0715 with targets at 1.0680 & 1.0665 in extension.
1.07450 Resistance
1.07300 Resistance
1.07150 Resistance
1.07050 Last
1.07150 Pivot
1.06800 Support.
1.06650 Support..
1.06500 Support
Comment
The upward potential is likely to be limited by the resistance at 1.0715.
Alternative scenario
Above 1.0715 look for further upside with 1.0730 & 1,0745 as targets.
GOLD DAILY SHORT ANALYSIS β
Intraday: the bias remains bullish.
XAU/USD may rise 9.00-18.00 USD
Our preference
Long positions above 2311.00 with targets at 2328.00 & 2337.00 in extension.
2343.00 Resistance
2337.00 Resistance
2328.00 Resistance
2319.00 Last
2311.00 Pivat
2311.00 Support-
2300.00 Support
2291.00 Support...
Comment
The RSI lacks downward momentum.
Alternative scenario
Below 2311.00 look for further downside with 2300.00 & 2291.00 as targets.
GOLD DAILY SHORT ANALYSIS β
Intraday: the bias remains bullish.
XAU/USD may rise 13.70-24.70 USD
Our preference
Long positions above 2306.00 with targets at 2332.00 & 2343.00 in extension.
2358.00 Resistance
2343.00 Resistance
2332.00 Resistance
2318.30 Last
2306.00 Pivat
2306.00 Support.
2291.00 Support..
2279.00 Support...
Comment
The next resistances are at 2332.00 and then at 2343.00.
Alternative scenario
Below 2306.00 look for further downside with 2291.00 & 2279.00 as targets.
EURUSD DAILY SHORT ANALYSIS β
Intraday: further advance.
EUR/USD may rise 22-37 pips
Our preference
Long positions above 1.0680 with targets at 1.0730 & 1.0745 in extension.
1.07600 Resistance***
1.07450 Resistance
1.07300 Resistance
1.07080 Last
1.06800 Pivot
1.06800 Support.
1.06500 Support..
1.06250 Support...
Comment
The RSI is bullish and calls for further advance.
Alternative scenario
Below 1.0680 look for further downside with 1.0650 & 1.0625 as targets.
EURUSD DAILY SHORT ANALYSIS β
Intraday: the bias remains bullish.
EUR/USD may rise 14-34 pips
Our preference
Long positions above 1.0630 with targets at 1.0670 & 1.0690 in extension.
1.07100 Resistance
1.06900 Resistance
1.06700 Resistance
1.06560 Last
1.06300 Pivat
1.06300 Support-
1.06100 Support
1.05900 Support...
Comment
The RSI lacks downward momentum.
Alternative scenario
Below 1.0630 look for further downside with 1.0610 & 1.0590 as targets.
GOLD DAILY SHORT ANALYSIS β
Intraday: under pressure.
XAU/USD may fall 20.60-37.60 USD
Our preference
Short positions below 2334.00 with targets at 2285.00 & 2268.00 in extension.
2363.00 Resistance
2350.00 Resistance
2334.00 Resistance.
2305.60 Last
2334.00 Pivat
2285.00 Support.
2268.00 Support..
2250.00 Support...
Comment
The RSI is bearish and calls for further decline.
Alternative scenario
Above 2334,00 look for further upside with 2350.00 & 2363.00 as targets.
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