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EURUSD DAILY SHORT ANALYSIS β
Intraday: the upside prevails.
EUR/USD may rise 23-38 pips
Our preference
Long positions above 1.0640 with targets at 1.0690 & 1.0705 in extension.
1.07200 Resistance
1.07050 Resistance"
1.06900 Resistance
1.06670 Last
1.06400 Pivot
1.06400 Support.
1.06250 Support..
1.06100 Support
Comment
The RSI advocates for further upside.
Alternative scenario
Below 1.0640 look for further downside with 1.0625 & 1.0610 as targets.
GOLD DAILY SHORT ANALYSIS β
Intraday: watch 2355.00.
XAU/USD may fall 10.40-24.40 USD
Our preference
Short positions below 2400.00 with targets at 2369.00 & 2355.00 in extension.
2417.00 Resistance
2408.00 Resistance.
2400.00 Resistance
2379.40 Last
2400.00 Pivat
2369.00 Support.
2355.00 Support
2344.00 Support...
Comment
The RSI is bearish and calls for further decline.
Alternative scenario
Above 2400.00 look for further upside with 2408.00 & 2417.00 as targets.
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EURUSD DAILY SHORT ANALYSIS β
Intraday: key resistance at 1.0650.
EUR/USD may fall 27-37 pips
Our preference
Short positions below 1.0650 with targets at 1.0610 & 1.0600 in extension.
1.06750 Resistance***
1.06600 Resistance
1,06500 Resistance
1.06370 Last
1.06500 Pivot
1.06100 Support.
1.06000 Support..
1.05800 Support...
Comment
The upward potential is likely to be limited by the resistance at 1,0650.
Alternative scenario
Above 1.0650 look for further upside with 1.0660 & 1,0675 as targets.
GOLD DAILY SHORT ANALYSIS β
Intraday: the bias remains bullish.
XAU/USD may rise 13.00 26.00 USD
Our preference
Long positions above 2380.00 with targets at 2404.00 & 2417.00 in extension.
2431.00 Resistance...
2417.00 Resistance
2404.00 Resistance
2391.00 Last
2380.00 Pivat
2380.00 Support
2369.00 Support..
2355.00 Support...
The RSI has just landed on its neutrality area at 50% and is turning up.
Alternative scenario
Below 2380.00 look for further downside with 2369.00 & 2355.00 as targets
GOLD DAILY SHORT ANALYSIS β
Intraday: choppy.
XAU/USD may fall 16.50-28.50 USD
Our preference
Short positions below 2382.00 with targets at 2354.00 & 2342.00 in extension.
2409.00 Resistance***
2398.00 Resistance
2382.00 Resistance
2370.50 Last
2382.00 Pivot
2354.00 Support.
2342.00 Support
2325.00 Support***
Comment
As long as 2382.00 is resistance, look for choppy price action with a bearish bias.
Alternative scenario
Above 2382.00 look for further upside with 2398.00 & 2409.00 as targets.
GOLD DAILY SHORT ANALYSIS β
Intraday: bullish bias above 2374.00.
XAU/USD may rise 16.00 27.00 USD
Our preference
Long positions above 2374.00 with targets at 2398.00 & 2409.00 in extension.
2431.00 Resistance***
2409.00 Resistance
2398.00 Resistance
2382.00 Last
2374.00 Pivat
2374.00 Support.
2362.00 Support..
2352.00 Support
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Alternative scenario
Below 2374,00 look for further downside with 2362.00 & 2352.00 as targets.
GOLD DAILY SHORT ANALYSIS β
Intraday: the upside prevails.
XAU/USD may rise 10.40-27.40 USD
Our preference
Long positions above 2363.00 with targets at 2392.00 & 2409.00 in extension.
2430.00 Resistance
2409.00 Resistance
2392.00 Resistance-
2381.60 Last
2363.00 Pivat
2363.00 Support
2348.00 Support..
2325.00 Support...
Comment
The RSI calls for a bounce.
Alternative scenario
Below 2363.00 look for further downside with 2348.00 & 2325.00 as targets.
GOLD DAILY SHORT ANALYSIS β
Intraday: watch 2334.00.
XAU/USD may fall 9.50 23.50 USD
Our preference
Short positions below 2372.00 with targets at 2348.00 & 2334.00 in extension.
2394.00 Resistance...
2383.00 Resistance..
2372.00 Resistance.
2357.50 Last
2372.00 Pivot
2348.00 Support.
2334.00 Support..
2320.00 Support...
Comment
The RSI advocates for further downside.
Alternative scenario
Above 2372.00 look for further upside with 2383.00 & 2394.00 as targets.
βͺοΈGOLD SELL 2400
TP : 2396
TP : 2390
TP : 2385
SL : 2407
Use Proper Risk Management..
GOLD DAILY SHORT ANALYSIS β
Intraday: the upside prevails.
XAU/USD may rise 15.80-25.80 USD
Our preference
Long positions above 2365.00 with targets at 2400.00 & 2410.00 in extension.
2422.00 Resistance...
2410.00 Resistance
2400.00 Resistance.
2384.20 Last
2365.00 Pivot
2365.00 Support.
2350.00 Support..
2337.00 Support...
Comment
The RSI advocates for further advance.
Alternative scenario
Below 2365.00 look for further downside with 2350.00 & 2337.00 as targets.
GOLD DAILY SHORT ANALYSIS β
Intraday: key resistance at 2348.00.
XAU/USD may fall 12.80-19.80 USD
Our preference
Short positions below 2348.00 with targets at 2333.00 & 2326.00 in extension.
2364.00 Resistance
2355.00 Resistance
2348.00 Resistance
2345.80 Last
2348.00 pivot
2333.00 Support.
2326.00 Support
2319.00 Support...
Comment
As long as 2348.00 is resistance, look for choppy price action with a bearish bias.
Alternative scenario
Above 2348.00 look for further upside with 2355.00 & 2364.00 as targets.
Gold sell 2364 2365
Sl 2371
Tp 2358
Tp 2350
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