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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.
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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.
πŸ‘2
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.
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.
πŸ‘2
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.
πŸ‘1
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.
πŸ‘1
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.
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.
πŸ‘1
GOLD SELL NOW 2497/2499
Sl 2509
TP 2492/2488/2482/2470
Intraday: the downside prevails.

XAU/USD may fall 6.98-13.98 USD

Our preference

Short positions below 2505.00 with targets at 2490.00 & 2483.00 in extension.

2520.00 Resistance
2513.00 Resistance..
2505.00 Resistance.

2496.98 Last
2505.00 Pivot

2490.00 Support.
2483.00 Support..
2471.00 Support...

Comment

As long as the resistance at 2505.00 is not surpassed, the risk of the break below 2490.00 remains high.

Alternative scenario

Above 2505.00 look for further upside with 2513.00 & 2520.00 as targets.
GOLD SELL NOW 2495 SL 2506
TP 2490/2485/2480/2470

Intraday: look for 2483.00.

XAU/USD may fall 10.00-22.00 USD

Our preference

Short positions below 2507.00 with targets at 2483.00 & 2471.00 in extension.

2520.00 Resistance...
2513.00 Resistance..
2507.00 Resistance.

2493.00 Last
2507.00 Pivot

2483.00 Support.
2471.00 Support..
2459.00 Support...

Comment

The RSI is bearish and calls for further decline.

Alternative scenario

Above 2507.00 look for further upside with 2513.00 & 2520.00 as targets.