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GOLD SELL NOW 2406 SL 2416
TP 2402/2398/2394/2390
Intraday: watch 2394.00.
XAU/USD may fall 9.44-16.44 USD
Our preference
Short positions below 2416.00 with targets at 2401.00 & 2394.00 in extension.
2434.00 Resistance
2425.00 Resistance..
2416.00 Resistance.
2410.44 Last
2416.00 Pivot
2401.00 Support.
2394.00 Support..
2386.00 Support
Comment
The upward potential is likely to be limited by the resistance at 2416.00.
Alternative scenario
Above 2416.00 look for further upside with 2425.00 & 2434.00 as targets.
GOLD sell Now 2466 SL 2478
TP 2462/2458/2452/
Intraday: key resistance at 2472.00.
XAU/USD may fall 14.00-22.00 USD
Our preference
Short positions below 2472.00 with targets at 2452.00 & 2444.00 in extension.
2500.00 Resistance
2483.00 Resistance..
2472.00 Resistance.
2466.00 Last
2472.00 Pivot
2452.00 Support.
2444.00 Support..
2430.00 Support
Comment
The upward potential is likely to be limited by the resistance at 2472.00.
Alternative scenario
Above 2472.00 look for further upside with 2483.00 & 2500.00 as targets.
GOLD Sell Now 2410 SL 2420
TP 2405/2400/2395/2390
Intraday: choppy.
XAU/USD may fall 7.07-16.07 USD
Our preference
Short positions below 2418.00 with targets at 2400.00 & 2391.00 in extension.
2430.00 Resistance
2424.00 Resistance..
2418.00 Resistance.
2407.07 Last
2418.00 Pivot
2400.00 Support.
2391.00 Support..
2379.00 Support
Comment
As long as 2418.00 is resistance, look for choppy price action with a bearish bias.
Alternative scenario
Above 2418.00 look for further upside with 2424.00 & 2430.00 as targets.
GOLD Buy Now
2408 SL 2398
TP 2412/2416/2420
Intraday: the upside prevails.
XAU/USD may rise 15.00 29.00 USD
Our preference
Long positions above 2395.00 with targets at 2424.00 & 2438.00 in extension.
2450.00 Resistance
2438.00 Resistance..
2424.00 Resistance.
2409.00 Last
2395.00 Pivot
2395.00 Support.
2379.00 Support..
2366.00 Support
Comment
The RSI is mixed to bullish.
Alternative scenario
Below 2395.00 look for further downside with 2379.00 & 2366.00 as targets.
GOLD sell Now 2368 SL 2378
TP 2364/2360/2356
Intraday: range.
XAU/USD may fall 14.22-23.22 USD
Our preference
Short positions below 2369.00 with targets at 2351.00 & 2342.00 in extension.
2385.00 Resistance
2377.00 Resistance..
2369.00 Resistance.
2365.22 Last
2369.00 Pivot
2351.00 Support.
2342.00 Support..
2335.00 Support...
Comment
The index currently faces a challenging resistance area at 2369.00.
Alternative scenario
Above 2369.00 look for further upside with 2377.00 & 2385.00 as targets.
100 Pip's With 2 TPS Done β
β
π
GOLD sell Now 2365 SL 2375
TP 2360/2356/2352/2345
Intraday: key resistance at 2370.00.
XAU/USD may fall 14.22-23.22 USD
Our preference
Short positions below 2370.00 with targets at 2351.00 & 2342.00 in extension.
2385.00 Resistance
2377.00 Resistance..
2370.00 Resistance.
2365.22 Last
2370.00 Pivot
2351.00 Support.
2342.00 Support..
2327.00 Support...
Comment
The RSI is mixed and calls for caution.
Alternative scenario
Above 2370.00 look for further upside with 2377.00 & 2385.00 as targets.
GOLD BUY NOW 2382 SL 2372
TP 2386/2390/2394
Intraday: the bias remains bullish.
XAU/USD may rise 6.98-14.98 USD
Our preference
Long positions above 2374.00 with targets at 2393.00 & 2401.00 in extension.
2414.00 Resistance
2401.00 Resistance..
2393.00 Resistance.
2386.02 Last
2374.00 Pivot
2374.00 Support.
2364.00 Support..
2353.00 Support...
Comment
Technically the RSI is above its neutrality area at 50.
Alternative scenario
Below 2374.00 look for further downside with 2364.00 & 2353.00 as targets.
GOLD BUY NOW 2360/ SL 2352
TP 2365/2370/2376
GOLD DAILY SHORT ANALYSIS
Intraday: bullish bias above 2347.00.
XAU/USD may rise 8.00-17.00 USD
Our preference
Long positions above 2347.00 with targets at 2365.00 & 2374.00 in extension.
2387.00 Resistance...
2374.00 Resistance..
2365.00 Resistance.
2357.00 Last
2347.00 Pivot
2347.00 Support.
2338.00 Support..
2328.00 Support...
Comment
Technically the RSI is above its neutrality area at 50.
Alternative scenario
Below 2347.00 look for further downside with 2338.00 & 2328.00 as targets.
GOLD BUY NOW 2358/ 2356
Sl 2347
Tp 2362/2366/2370
Intraday: bullish bias above 2347.00.
XAU/USD may rise 6.00-15.00 USD
Our preference
Long positions above 2347.00 with targets at 2365.00 & 2374.00 in extension.
2387.00 Resistance..
2374.00 Resistance
2365.00 Resistance.
2359.00 Last
2347.00 Pivot
2347.00 Support.
2342.00 Support..
2335.00 Support...
Comment
The RSI is mixed to bullish.
Alternative scenario
Below 2347.00 look for further downside with 2342.00 & 2335.00 as targets.
A Perfect Analysis With Over 150 Pip's β
GOLD BUY NOW. 2329/2327
Sl 2320
TP 2333/2336/2340.
Intraday: intraday support around 2319.00.
XAU/USD may rise 10.50-15.50 USD
Our preference
Long positions above 2319.00 with targets at 2339.00 & 2344.00 in extension.
2351.00 Resistance
2344.00 Resistance..
2339.00 Resistance.
2328.50 Last
2319.00 Pivot
2319.00 Support.
2311.00 Support..
2304.00 Support
Comment
The RSI lacks downward momentum.
Alternative scenario
Below 2319.00 look for further downside with 2311.00 & 2304.00 as targets.
GOLD BUY POSITIONS
2325 / 2322
SL 2316
TP 2328/2332/2336/2340.
Intraday: bounce.
XAU/USD may rise 8.00-13.00 USD
Our preference
Long positions above 2326.00 with targets at 2339.00 & 2344.00 in extension.
2351.00 Resistance
2344.00 Resistance
2339.00 Resistance.
2331.00 Last
2326.00 Pivot
2326.00 Support.
2319.00 Support..
2311.00 Support...
Comment
The RSI is mixed to bullish.
Alternative scenario
Below 2326.00 look for further downside with 2319.00 & 2311.00 as targets.
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