Gold Intraday Setup.
Updated
Gold - Intraday - We look to Sell a break of 1874.9 (stop at 1882.5)
Price action continued to range between key support & resistance (1850 - 1920) although we expect a break of this range soon.
We look for losses to be extended today.
A break of yesterdays low would confirm bearish momentum.
Daily pivot is at 1850.
Our profit targets will be 1857.1 and 1851.1
Resistance: 1890.0 / 1900.0 / 1910.0
Support: 1875.0 / 1860.0 / 1850.0
Price action continued to range between key support & resistance (1850 - 1920) although we expect a break of this range soon.
We look for losses to be extended today.
A break of yesterdays low would confirm bearish momentum.
Daily pivot is at 1850.
Our profit targets will be 1857.1 and 1851.1
Resistance: 1890.0 / 1900.0 / 1910.0
Support: 1875.0 / 1860.0 / 1850.0
Trade closed: stop reached
Sl reached
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