Gold XAUUSD may rise to 2041.00 - 2046.00
Pivot
2028.00
Our preference
Long positions above 2028.00 with targets at 2041.00 & 2046.00 in extension.
Alternative scenario
Below 2028.00 look for further downside with 2022.00 & 2014.00 as targets.
Comment
The RSI lacks downward momentum.
Supports and resistances
2054.00
2046.00
2041.00
2032.96 Last
2028.00
2022.00
2014.00
Number of asterisks represents the strength of support and resistance levels.
2028.00
Our preference
Long positions above 2028.00 with targets at 2041.00 & 2046.00 in extension.
Alternative scenario
Below 2028.00 look for further downside with 2022.00 & 2014.00 as targets.
Comment
The RSI lacks downward momentum.
Supports and resistances
2054.00
2046.00
2041.00
2032.96 Last
2028.00
2022.00
2014.00
Number of asterisks represents the strength of support and resistance levels.
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