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Perfect It.
Perfect Sell Positions GOLD
2325 SL 2332
TP 2321/2317/2312/

Intraday: watch 2311.00.

XAU/USD may fall 7.00-15.00 USD

Our preference

Short positions below 2333.00 with targets at 2319.00 & 2311.00 in extension.

2344.00 Resistance
2339.00 Resistance
2333.00 Resistance.

2326.00 Last
2333.00 Pivot

2319.00 Support.
2311.00 Support..
2303.00 Support...

Comment

As long as the resistance at 2333.00 is not surpassed, the risk of the break below 2319.00 remains high.

Alternative scenario

Above 2333.00 look for further upside with 2339.00 & 2344.00 as targets.
Again a Perfect Entry..
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.
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 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.
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.
Perfect
πŸ‘2
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 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.
πŸ‘1
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.
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.
πŸ”₯1
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 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.