Gold Intraday: watch 1970.00.
Our preference: short positions below 1988.00 with targets at 1970.00 & 1960.00 in extension.
Alternative scenario: above 1988.00 look for further upside with 1997.00 & 2010.00 as targets.
Comment: a break below 1970.00 would trigger a drop towards 1960.00.
Supports and resistances:
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.