Gold XAUUSD may rise to 2041.00 - 2046.00

Pivot

2028.00

Our preference

Long positions above 2028.00 with targets at 2041.00 & 2046.00 in extension.

Alternative scenario

Below 2028.00 look for further downside with 2022.00 & 2014.00 as targets.

Comment

The RSI lacks downward momentum.

Supports and resistances

2054.00

2046.00

2041.00

2032.96 Last

2028.00

2022.00

2014.00

Number of asterisks represents the strength of support and resistance levels.
Fundamental AnalysisTechnical IndicatorsTrend Analysis

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