Sell from this zone . Take profit @1977- 1969
Gold Intraday: key resistance at 1991.00.
Pivot:
1991.00
Our preference:
Short positions below 1991.00 with targets at 1977.00 & 1969.00 in extension.
Alternative scenario:
Above 1991.00 look for further upside with 1999.00 & 2006.00 as targets.
Comment:
As long as the resistance at 1991.00 is not surpassed, the risk of the break below 1977.00 remains high.
Gold Intraday: key resistance at 1991.00.
Pivot:
1991.00
Our preference:
Short positions below 1991.00 with targets at 1977.00 & 1969.00 in extension.
Alternative scenario:
Above 1991.00 look for further upside with 1999.00 & 2006.00 as targets.
Comment:
As long as the resistance at 1991.00 is not surpassed, the risk of the break below 1977.00 remains high.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.