Gold may fall to 2008.00 - 2014.00

Pivot

2032.00

Our preference

Short positions below 2032.00 with targets at 2014.00 & 2008.00 in extension.

Alternative scenario

Above 2032.00 look for further upside with 2039.00 & 2045.00 as targets.

Comment

The RSI advocates for further downside.

Supports and resistances

2045.00

2039.00

2032.00

2022.50 Last

2014.00

2008.00

2002.00

Number of asterisks represents the strength of support and resistance levels.
Harmonic PatternsTechnical IndicatorsTrend Analysis

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