Trade Idea GOLD (Spot) intraday: the bias remains bullish. |
Pivot: 1576.00
Our Preference: LONG positions above 1576 with targets @ 1590 & 1594. Alternative scenario: The downside penetration of 1576 will call for a slide towards 1571 & 1565. Comment: the RSI is bullish and calls for further upside. |
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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