XAUUSD Long
Pivot: 1806.00
Our preference:
long positions above 1806.00 with targets at 1823.00 & 1832.00 in extension.
Alternative scenario:
below 1806.00 look for further downside with 1796.00 & 1788.00 as targets.
Comment:
the immediate trend remains up but the momentum is weak.
Our key levels:
Pivot Last
1806.00
1810.00
Resistances Supports
1845.00
1832.00
1823.00
1806.00
1796.00
1788.00
Our preference:
long positions above 1806.00 with targets at 1823.00 & 1832.00 in extension.
Alternative scenario:
below 1806.00 look for further downside with 1796.00 & 1788.00 as targets.
Comment:
the immediate trend remains up but the momentum is weak.
Our key levels:
Pivot Last
1806.00
1810.00
Resistances Supports
1845.00
1832.00
1823.00
1806.00
1796.00
1788.00
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