GOLD NY SESSION UPDATE
Gold Intraday: intraday support is around 2407.00.
Pivot:
2407.00
Our preference:
Long positions above 2407.00 with targets at 2424.00 & 2430.00 in extension.
Alternative scenario:
Below 2407.00 look for further downside with 2401.00 & 2396.00 as targets.
Comment:
The RSI is mixed with a bullish bias.
Pivot:
2407.00
Our preference:
Long positions above 2407.00 with targets at 2424.00 & 2430.00 in extension.
Alternative scenario:
Below 2407.00 look for further downside with 2401.00 & 2396.00 as targets.
Comment:
The RSI is mixed with a bullish bias.
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