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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.
2nd Last Day To Register
GOLD SELL NOW 2406 SL 2416
TP 2402/2398/2394/2390

Intraday: watch 2394.00.

XAU/USD may fall 9.44-16.44 USD

Our preference

Short positions below 2416.00 with targets at 2401.00 & 2394.00 in extension.

2434.00 Resistance
2425.00 Resistance..
2416.00 Resistance.

2410.44 Last
2416.00 Pivot

2401.00 Support.
2394.00 Support..
2386.00 Support

Comment

The upward potential is likely to be limited by the resistance at 2416.00.

Alternative scenario

Above 2416.00 look for further upside with 2425.00 & 2434.00 as targets.
GOLD NOW 2397 / SL 2409
Tp 2392/2388/2382/

Intraday: key resistance at 2412.00.

XAU/USD may fall 19.23 33.23 USD

Our preference

Short positions below 2412.00 with targets at 2384.00 & 2370.00 in extension.

2434.00 Resistance
2425.00 Resistance..
2412.00 Resistance.

2403.23 Last
2412.00 Pivot

2384.00 Support.
2370.00 Support..
2353.00 Support...

Comment

The index currently faces a challenging resistance area at 2412.00.

Alternative scenario

Above 2412.00 look for further upside with 2425.00 & 2434.00 as targets.
GOLD SELL NOW 2370 SL 2381
TP 2365/2360/2355/2350

Intraday: look for 2360.00.

XAU/USD may fall 12.00-22.00 USD

Our preference

Short positions below 2389.00 with targets at 2360.00 & 2350.00 in extension.

2410.00 Resistance
2401.00 Resistance..
2389.00 Resistance.

2372.00 Last
2389.00 Pivot

2360.00 Support.
2350.00 Support..
2340.00 Support...

Comment

The RSI has broken down its 30 level.

Alternative scenario

Above 2389.00 look for further upside with 2401.00 & 2410.00 as targets.
GOLD BUY NOW 2372 SL 2362
2376/2380/2385

Intraday: towards 2396.00.

XAU/USD may rise 4.00-18.00 USD

Our preference

Long positions above 2362.00 with targets at 2382.00 & 2396.00 in extension.

2410.00 Resistance...
2396.00 Resistance..
2382.00 Resistance.

2378.00 Last
2362.00 Pivot

2362.00 Support.
2353.00 Support..
2340.00 Support...

Comment

The RSI is bullish and calls for further advance.

Alternative scenario

Below 2362.00 look for further downside with 2353.00 & 2340.00 as targets.
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GOLD BUY NOW 2392 SL 2380
TP 2396/2400/2405/2410.

Intraday: towards 2418.00.

XAU/USD may rise 17.00-25.00 USD

Our preference

Long positions above 2379.00 with targets at 2410.00 & 2418.00 in extension.

2431.00 Resistance
2418.00 Resistance..
2410.00 Resistance.

2393.00 Last
2379.00 Pivot

2379.00 Support.
2365.00 Support..
2353.00 Support...

Comment

The RSI is mixed to bullish.

Alternative scenario

Below 2379.00 look for further downside with 2365.00 & 2353.00 as targets.
GOLD sell now 2386 2388

sl 2393

Tp 2384
Tp 2380
GOLD BUY NOW 2417 SL 2407
TP 2422/2426/2430

Intraday: intraday support around 2395.00.

XAU/USD may rise 10.11 23.11 USD

Our preference

Long positions above 2395.00 with targets at 2417.00 & 2430.00 in extension.

2445.00 Resistance
2430.00 Resistance..
2417.00 Resistance.

2406.89 Last
2395.00 Pivot

2395.00 Support.
2384.00 Support..
2375.00 Support...

Comment

The next resistances are at 2417.00 and then at 2430.00.

Alternative scenario

Below 2395.00 look for further downside with 2384.00 & 2375.00 as targets.
GOLD BUY NOW 2442 SL 2331
TP 2446/2450/2454/2460

Intraday: bullish bias above 2430.00.

XAU/USD may rise 8.67 23.67 USD

Our preference

Long positions above 2430.00 with targets at 2458.00 & 2473.00 in extension.

2483.00 Resistance
2473.00 Resistance..
2458.00 Resistance.

2449.33 Last
2430.00 Pivot

2430.00 Support.
2412.00 Support..
2395.00 Support...

Comment

Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Alternative scenario

Below 2430.00 look for further downside with 2412.00 & 2395.00 as targets.
GOLD SELL NOW 24450
SL 2460
TP 2442/2436/2430

Intraday: key resistance at 2456.00.

XAU/USD may fall 29.54-43.54 USD

Our preference

Short positions below 2456.00 with targets at 2411.00 & 2397.00 in extension.

2490.00 Resistance
2474.00 Resistance..
2456.00 Resistance.

2440.54 Last
2456.00 Pivot

2411.00 Support.
2397.00 Support..
2383.00 Support

Comment

As long as 2456.00 is resistance, look for choppy price action with a bearish bias.

Alternative scenario

Above 2456.00 look for further upside with 2474.00 & 2490.00 as targets.