FX:XAUUSD   Gold Spot / U.S. Dollar
Pivot

1656.00

Our preference

Long positions above 1656.00 with targets at 1672.00 & 1683.00 in extension.

Alternative scenario

Below 1656.00 look for further downside with 1649.00 & 1642.00 as targets.

Comment

The RSI is mixed with a bullish bias.

Supports and resistances

1693.00

1683.00

1672.00

1664.00 Last

1656.00

1649.00

1642.00

Number of asterisks represents the strength of support and resistance levels.

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