Gold Intraday: intraday support around 3190.00.
Gold (XAU/USD)
+77.27+2.39%
long positions above 3190.00 with targets at 3245.00 & 3285.00 in extension.
Pivot: 3190.00
Our preference: long positions above 3190.00 with targets at 3245.00 & 3285.00 in extension.
Alternative scenario: below 3190.00 look for further downside with 3155.00 & 3130.00 as targets.
Comment: the RSI is below its neutrality area at 50% but reversing up.
Supports and resistances:
3325.00
3285.00
3245.00
3211.09 Last
3190.00
3155.00
3130.00
Our preference: long positions above 3190.00 with targets at 3245.00 & 3285.00 in extension.
Alternative scenario: below 3190.00 look for further downside with 3155.00 & 3130.00 as targets.
Comment: the RSI is below its neutrality area at 50% but reversing up.
Supports and resistances:
3325.00
3285.00
3245.00
3211.09 Last
3190.00
3155.00
3130.00
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