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
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Related publications
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.