GOLD maybe go up in next hours.
Pivot
1987.00
Our preference
Long positions above 1987.00 with targets at 2004.00 & 2012.00 in extension.
Alternative scenario
Below 1987.00 look for further downside with 1982.00 & 1977.00 as targets.
Comment
The RSI shows upside momentum.
Pivot
1987.00
Our preference
Long positions above 1987.00 with targets at 2004.00 & 2012.00 in extension.
Alternative scenario
Below 1987.00 look for further downside with 1982.00 & 1977.00 as targets.
Comment
The RSI shows upside momentum.