CFDs on Gold (US$ / OZ)
Long

Gold may rise to 2010.00 - 2015.00

92
Pivot
1996.00
Our preference
Long positions above 1996.00 with targets at 2010.00 & 2015.00 in extension.
Alternative scenario
Below 1996.00 look for further downside with 1990.00 & 1982.00 as targets.
Comment
The RSI calls for a bounce

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.