Gold may fall to 2008.00 - 2014.00
Pivot
2032.00
Our preference
Short positions below 2032.00 with targets at 2014.00 & 2008.00 in extension.
Alternative scenario
Above 2032.00 look for further upside with 2039.00 & 2045.00 as targets.
Comment
The RSI advocates for further downside.
Supports and resistances
2045.00
2039.00
2032.00
2022.50 Last
2014.00
2008.00
2002.00
Number of asterisks represents the strength of support and resistance levels.
2032.00
Our preference
Short positions below 2032.00 with targets at 2014.00 & 2008.00 in extension.
Alternative scenario
Above 2032.00 look for further upside with 2039.00 & 2045.00 as targets.
Comment
The RSI advocates for further downside.
Supports and resistances
2045.00
2039.00
2032.00
2022.50 Last
2014.00
2008.00
2002.00
Number of asterisks represents the strength of support and resistance levels.
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