GOLD DAILY SHORT ANALYSISππ
XAU/USD may rise 6.51 12.51 USD
Our preference
Long positions above 2023.00 with targets at 2033.00 & 2039.00 in extension.
2045.00 Resistance...
2039.00 Resistance
2033.00 Resistance.
2026.49 Last
2023.00 Pivot
2023.00 Support.
2017.00 Support..
2012.00 Support...
Comment
A support base at 2023.00 has formed and has allowed for a temporary stabilisation.
Alternative scenario
Below 2023.00 look for further downside with 2017 008 2012 00 as targets..
XAU/USD may rise 6.51 12.51 USD
Our preference
Long positions above 2023.00 with targets at 2033.00 & 2039.00 in extension.
2045.00 Resistance...
2039.00 Resistance
2033.00 Resistance.
2026.49 Last
2023.00 Pivot
2023.00 Support.
2017.00 Support..
2012.00 Support...
Comment
A support base at 2023.00 has formed and has allowed for a temporary stabilisation.
Alternative scenario
Below 2023.00 look for further downside with 2017 008 2012 00 as targets..
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EUR/USD may rise 19 - 34 pips
Our preference
Long positions above 1.0875 with targets at 1.0920 & 1.0935 in extension.
1.09500 Resistance...
1.09350 Resistance..
1.09200 Resistance.
1.09010 Last
1.08750 Pivot
1.08750 Support.
1.08600 Support..
1.08450 Support...
Comment
The RSI shows upside momentum.
Alternative scenario
Below 1.0875 look for further downside with 1.0860 & 1.0845 as targets.
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Our preference
Short positions below 2026.00 with targets at 2017.00 & 2012.00 in extension.
2039.00 Resistance
2032.00 Resistance..
2026.00 Resistance.
2021.00 Last
2026.00 Pivot
2017.00 Support.
2012.00 Support..
2007.00 Support...
Comment
As long as the resistance at 2026.00 is not surpassed, the risk of the break below 2017.00 remains high.
Alternative scenario
Above 2026.00 look for further upside with 2032.00 & 2039.00 as targets.
@Donanalyst
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TP : 2031
TP : 2027
TP : 2022
SL : 2045
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GOLD DAILY SHORT ANALYSISππ
Our preference
Long positions above 2021.00 with targets at 2031.00 & 2035.00 in extension.
2039.00 Resistance...
2035.00 Resistance..
2031.00 Resistance.
2024.60 Last
2021.00 Pivot
2021.00 Support.
2017.00 Support..
2012.00 Support ...
Comment
A support base at 2021.00 has formed and has allowed for a temporary stabilisation.
Alternative scenario
Below 2021.00 look for further downside with 2017.00 & 2012.00 as targets.
@Donanalyst
Our preference
Long positions above 2021.00 with targets at 2031.00 & 2035.00 in extension.
2039.00 Resistance...
2035.00 Resistance..
2031.00 Resistance.
2024.60 Last
2021.00 Pivot
2021.00 Support.
2017.00 Support..
2012.00 Support ...
Comment
A support base at 2021.00 has formed and has allowed for a temporary stabilisation.
Alternative scenario
Below 2021.00 look for further downside with 2017.00 & 2012.00 as targets.
@Donanalyst
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