Gold Short
Pivot
1659.00
Our preference
Short positions below 1659.00 with targets at 1639.00 & 1630.00 in extension.
Alternative scenario
Above 1659.00 look for further upside with 1667.00 & 1672.00 as targets.
Comment
The RSI is bearish and calls for further decline.
Supports and resistances
1672.00
1667.00
1659.00
1649.00 Last
1639.00
1630.00
1621.00
1659.00
Our preference
Short positions below 1659.00 with targets at 1639.00 & 1630.00 in extension.
Alternative scenario
Above 1659.00 look for further upside with 1667.00 & 1672.00 as targets.
Comment
The RSI is bearish and calls for further decline.
Supports and resistances
1672.00
1667.00
1659.00
1649.00 Last
1639.00
1630.00
1621.00
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