Trade Idea GOLD (Spot) intraday: further advance. |
Pivot: 1587.00
Our Preference: LONG positions above 1587 with 1598 & 1606 as next targets. Alternative scenario: The downside penetration of 1587 will call for 1578 & 1565. Comment: the RSI is above its neutrality area at 50%. |
Disclaimer The analysis we provide is based on the average estimate of price movements in one day. Does not guarantee what we deliver is actually a proper and correct. Everything that happens in the decisions you make on your trading transaction is to be Your responsibilities.
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