Gold (CME) (J1) Intraday: the bias remains bullish

Gold (CME) (J1) Intraday: the bias remains bullish.

XAUUSD

Trading Central 2021-02-23 00:42:06

Pivot: 1795.00

Our preference: long positions above 1795.00 with targets at 1815.00 & 1827.00 in extension.

Alternative scenario: below 1795.00 look for further downside with 1788.00 & 1781.00 as targets.

Comment: the RSI shows upside momentum.

Supports and resistances:

1839.00

1827.00

1815.00

1810.00 Last

1795.00

1788.00

1781.00

Disclaimer

The trading strategy containing reference trading prices and analysis opinions is provided by the third-party provider Trading Central.And the trading strategy is only the personal research and judgment by analysts,which is not a statement of facts.No representation or warranty is given as to the accuracy or completeness of this strategy. Consequently any person acting on it does so entirely at their own risk. TOP1 accepts no responsibility for any use that may be made of these comments and for any consequences that result.