Gold Intraday: rebound expected. Our preference: long positions above 1714.00 with targets at 1736.00 & 1749.00 in extension.
USD/JPY Intraday: turning down. short positions below 136.56 with targets at 135.55 & 134.93 in extension.
Gold Intraday: Upside prevail long positions above 1712.00 with targets at 1733.00 & 1750.00 in extension.
Long positions above 1.0170 with target1 at 1.0271 and target2 at 1.0345.
Short positions below 138.00 with targets at 136.50 & 135.87 in extension. If break above 138.00 would trigger an up towards 138.90.
Watch 1.0275: as long as 1.0275 is resistance look for 1.0203. If break above 1.0275 would trigger an up towards 1.0337.
short positions below 138.40 with targets at 137.58 & 137.06
Watch 1.0108: as long as 1.0108 is support look for 1.0200 and 1.0275 If break below 1.0108 would trigger a drop towards 1.0070.
long positions above 1702.00 with targets at 1724.00 & 1733.00 in extension
long positions above 136.68 with targets at 137.58 & 138.20 in extension. If not break 137.58 looking for sell with target at 136.68 and 135.58
Our preference: looking for sell with targets at 136.35 and 135.55.
Our preference: long positions above 1733.00 with targets at 1750.00 & 1763.00 in extension.
Our preference: long positions above 1803.00 with targets at 1825.00 or 1833.00. Comment: the RSI calls for a rebound.
Short position below 1.2133 with target 1.2096 & 1.2066 is extension.
long positions above 1795.00 with targets at 1814.00. If break 1818 gold looking for 1833.00.
Gold Intraday Downside key resistance at 1833 Our preference: short positions below 1833 with targets at 1816.00 & 1807 in extension. Comment: as long as the resistance at 1833 is not surpassed, the risk of the break below 1816.00 remains high.
Gold vs U.S. Dollar Short position above 1825 and below 1840. if break 1840 will jump to 1856. If gold break 1825 next support is 1816 or 1800.