Gold Technical Analysis
GOLD (Spot) intraday: bullish bias above 1695
Pivot: 1695.00
Our Preference: LONG positions above 1695 with 1713 & 1735 as next targets.
Alternative scenario: The downside breakout of 1695 will open the way to 1688 & 1667.
Comment: supported by a rising trend line.
Trend: ST Consolidation; MT Bullish
www.masrfx.com
Key levels Comment
1753* Intraday resistance
1735** Intraday resistance
1713*** Intraday resistance
1707 Last
1695** Intraday pivot point
1688** Intraday support
1667** Intraday support
GOLD (Spot) intraday: bullish bias above 1695
Pivot: 1695.00
Our Preference: LONG positions above 1695 with 1713 & 1735 as next targets.
Alternative scenario: The downside breakout of 1695 will open the way to 1688 & 1667.
Comment: supported by a rising trend line.
Trend: ST Consolidation; MT Bullish
www.masrfx.com
Key levels Comment
1753* Intraday resistance
1735** Intraday resistance
1713*** Intraday resistance
1707 Last
1695** Intraday pivot point
1688** Intraday support
1667** Intraday support