Gold Intraday: intraday support around 1918.00.
Pivot: 1918.00
Our preference: long positions above 1918.00 with targets at 1925.00 & 1930.00 in extension.
Alternative scenario: below 1918.00 look for further downside with 1914.00 & 1909.00 as targets.
Comment: a support base at 1918.00 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
1935.00
1930.00
1925.00
1919.93 Last
1918.00
1914.00
1909.00
The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.
CM Trade Mobile Application
Economics Calendar
More