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GOLD SELL NOW 2513 SL 2523 TP 2508/2502/2498/2493 Intraday: caution. XAU/USD may fall 11.5119.51 USD Our preference Short positions below 2516.00 with targets at 2502.00 & 2494.00 in extension. 2531.00 Resistance... 2523.00 Resistance 2516.00 Resistance. 2513.51 Last 2516.00 Pivot 2502.00 Support. 2494.00 Support.. 2487.00 Support... Comment The RSI is mixed and calls for caution. Alternative scenario Above 2516.00 look for further upside with 2523.00 & 2531.00 as targets.

GOLD BUY NOW 2512/2520 SL 2500 TP 2518/2524/2530/2540 Intraday: watch 2532.00. XAU/USD may rise 11.00-21.00 USD Our preference Long positions above 2514.00 with targets at 2532.00 & 2542.00 in extension. 2550.00 Resistance 2542.00 Resistance. 2532.00 Resistance. 2521.00 Last 2514.00 Pivot 2514.00 Support. 2504.00 Support.. 2494.00 Support... Comment The next resistances are at 2532.00 and then at 2542.00. Alternative scenario Below 2514.00 look for further downside with 2504.00 & 2494.00 as targets.

Intraday: turning down. XAU/USD may fall 13.00-21.00 USD Our preference Short positions below 2521.00 with targets at 2495.00 & 2487.00 in extension. 2508.00 Last 2521.00 Pivot Comment The RSI calls for a drop. Alternative scenario Above 2521.00 look for further upside with 2532.00 & 2546.00 as targets.

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GOLD BUY NOW 2511/2509 SL 2498 TP 2516/2520/2525/2530/2540 Intraday: intraday support around 2500.00. XAU/USD may rise 6.00-18.00 USD Our preference Long positions above 2500.00 with targets at 2520.00 & 2532.00 in extension. 2546.00 Resistance 2532.00 Resistance 2520.00 Resistance. 2514.00 Last 2500.00 Pivot 2500.00 Support. 2485.00 Support.. 2471.00 Support... Comment Technically the RSI is above its neutrality area at 50. Alternative scenario Below 2500.00 look for further downside with 2485.00 & 2471.00 as targets.

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GOLD SELL NOW 2503 SL 2513 TP 2500/2496/2490/2480/ Intraday: turning down. XAU/USD may fall 14.00-23.00 USD Our preference Short positions below 2519.00 with targets at 2486.00 & 2477.00 in extension. 2542.00 Resistance 2531.00 Resistance.. 2519.00 Resistance. 2500.00 Last 2519.00 Pivot 2486.00 Support. 2477.00 Support.. 2468.00 Support... Comment The RSI is bearish and calls for further decline. Alternative scenario Above 2519.00 look for further upside with 2531.00 & 2542.00 as targets.

GOLD BUY NOW 2514 /2512. SL 2500 TP 2518/2524/2530/2540/2550 Intraday: intraday support around 2500.00. XAU/USD may rise 17.62-33.62 USD Our preference Long positions above 2500.00 with targets at 2530.00 & 2546.00 in extension. 2558.00 Resistance... 2546.00 Resistance.. 2530.00 Resistance. 2512.38 Last 2500.00 Pivot 2500.00 Support. 2486.00 Support.. 2475.00 Support... Comment The RSI calls for a bounce. Alternative scenario Below 2500.00 look for further downside with 2486.00 & 2475.00 as targets.

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GOLD BUY NOW 2499/2496 Sl 2486 TP 2504/2510/2515/2525 Intraday: 2531.00 in sight. XAU/USD may rise 11.96 27.96 USD Our preference Long positions above 2486.00 with targets at 2515.00 & 2531.00 in extension. 2540.00 Resistance... 2531.00 Resistance 2515.00 Resistance. 2503.04 Last 2486.00 Pivot 2486.00 Support. 2478.00 Support.. 2470.00 Support Comment The RSI calls for a new upleg. Alternative scenario Below 2486.00 look for further downside with 2478.00 & 2470.00 as targets.

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GOLD SELL NOW 2454 SL 2466 TP 2450/2445/2440/2435/ Intraday: key resistance at 2458.00. XAU/USD may fall 15.1828.18 USD Our preference Short positions below 2458.00 with targets at 2437.00 & 2424.00 in extension. 2477.00 Resistance... 2465.00 Resistance.. 2458.00 Resistance. 2452.18 Last 2458.00 Pivot 2437.00 Support. 2424.00 Support.. 2407.00 Support... Comment The index currently faces a challenging resistance area at 2458.00. Alternative scenario Above 2458.00 look for further upside with 2465.00 & 2477.00 as targets.

GOLD SELL NOW 2460/ SL 2471 TP 2455/2450/2445/2440 Intraday: expect 2445.00. XAU/USD may fall 16.00-27.00 USD Our preference Short positions below 2472.00 with targets at 2445.00 & 2434.00 in extension. 2485.00 Resistance 2477.00 Resistance 2472.00 Resistance. 2461.00 Last 2472.00 Pivot 2445.00 Support. 2434.00 Support.. 2423.00 Support... Comment As long as 2472.00 is resistance, expect a return to 2445.00. Alternative scenario Above 2472.00 look for further upside with 2477.00 & 2485.00 as targets.

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GOLD BUY NOW 2426 SL 2417 TP 2430/2435/2440 Intraday: Bias remains bullish. XAU/USD May Rally 10.54-18.54 USD Our Preference Long above 2417.00 with targets at 2437.00 and 2445.00 as an extension. 2455.00 Resistance 2445.00 Resistance.. 2437.00 Resistance. 2426.46 Last 2417.00 Pivot 2417.00 Support. 2408.00 Support.. 2402.00 Support Commentary While a continuation of the consolidation cannot be ruled out, its extension should be limited. Alternative Scenario Below 2417.00, look for further downside with 2408.00 and 2402.00 as targets.