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wahidwakil

New Target! Gold Intraday: the downside prevails.

Short
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
wahidwakil  
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Chart Patterns Technical Indicators Wave Analysis
4
0
chartpattern indicator waveanalysis
Pivot: 1817.00

Our preference: short positions below 1817.00 with targets at 1801.00 & 1793.00 in extension.

Alternative scenario: above 1817.00 look for further upside with 1822.00 & 1827.00 as targets.

Comment: the RSI has broken down its 30 level.

Supports and resistances:

1827.00

1822.00

1817.00

1807.00 Last

1801.00

1793.00

1784.00
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