Gold may rise to 2195.00 - 2210.00
Pivot
2168.00
Our preference
Long positions above 2168.00 with targets at 2195.00 & 2205.00 in extension.
Alternative scenario
Below 2168.00 look for further downside with 2162.00 & 2155.00 as targets.
Comment
The RSI lacks downward momentum.
Supports and resistances
2215.00
2205.00
2195.00
2178.05 Last
2168.00
2162.00
2155.00
Number of asterisks represents the strength of support and resistance levels.
2168.00
Our preference
Long positions above 2168.00 with targets at 2195.00 & 2205.00 in extension.
Alternative scenario
Below 2168.00 look for further downside with 2162.00 & 2155.00 as targets.
Comment
The RSI lacks downward momentum.
Supports and resistances
2215.00
2205.00
2195.00
2178.05 Last
2168.00
2162.00
2155.00
Number of asterisks represents the strength of support and resistance levels.
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