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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.
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GOLD SELL NOW 2498
SL 2508
TP. 2492
TP 2488
TP. 2482

Intraday: the downside prevails.

XAU/USD may fall 10.79-17.79 USD

Our preference

Short positions below 2512.00 with targets at 2485.00 & 2478.00 in extension.

2529.00 Resistance
2519.00 Resistance..
2512.00 Resistance.

2495.79 Last
2512.00 Pivot

2485.00 Support.
2478.00 Support..
2472.00 Support

Comment

The RSI is mixed to bearish.

Alternative scenario

Above 2512.00 look for further upside with 2519.00 & 2529.00 as targets.
EURUSD SELL NOW 1.10197
SL. 1.1115 ⚑

TP 1.1065
TP. 1.1045

Intraday: watch 1.1065.

EUR/USD may fall 22 - 42 pips

Our preference

Short positions below 1.1115 with targets at 1.1065 & 1.1045 in extension.

1.11550 Resistance ...
1.11350 Resistance..
1.11150 Resistance.

1.10870 Last
1.11150 Pivot

1.10650 Support.
1.10450 Support..
1.10250 Support

Comment

A break below 1.1065 would trigger a drop towards 1.1045.

Alternative scenario

Above 1.1115 look for further upside with 1.1135 & 1.1155 as targets.
GOLD BUY NOW 2502 SL 2493
TP 2506 /2510/2515

Intraday: further advance.

XAU/USD may rise 12.58-23.58 USD

Our preference

Long positions above 2494.00 with targets at 2518.00 & 2529.00 in extension.

2540.00 Resistance
2529.00 Resistance..
2518.00 Resistance.

2505.42 Last
2494.00 Pivot

2494.00 Support.
2485.00 Support..
2479.00 Support

Comment

The RSI is bullish and calls for further upside.

Alternative scenario

Below 2494.00 look for further downside with 2485.00 & 2479.00 as targets.
πŸ”₯1
GOLD BUY NOW
2517 SL 2507
TP 2522/2526/2535/

Intraday: further advance.

XAU/USD may rise 10.14-21.14 USD

Our preference

Long positions above 2501.00 with targets at 2529.00 & 2540.00 in extension.

2555.00 Resistance...
2540.00 Resistance..
2529.00 Resistance.

2518.86 Last
2501.00 Pivot

2501.00 Support.
2493.00 Support..
2485.00 Support

Comment

The RSI is bullish and calls for further upside.

Alternative scenario

Below 2501.00 look for further downside with 2493.00 & 2485.00 as targets.
πŸ‘1