XAU Trading Outlook Archive

Gold spot Intraday: further advance. Pivot: 1215.00 Our preference: long positions above 1215.00 with targets @ 1247.00 & 1258.00 in extension. Alternative scenario: below 1215.00 look for further downside with 1205.00 & 1198.00 as targets. Comment: the immediate trend remains up and the momentum is… Read more

SPI 200‏ (ASX)‏ (H6) Intraday: the downside prevails. Pivot: 4800 Our preference: short @ 4719 with targets @ 4640 & 4600 in extension. Alternative scenario: above 4800 look for further upside with 4870 & 4930 as targets. Comment: the RSI lacks upward momentum. Supports and… Read more

SPI 200‏ (ASX)‏ (H6) Intraday: the downside prevails. Pivot: 4800 Our preference: short positions below 4800 with targets @ 4700 & 4650 in extension. Alternative scenario: above 4800 look for further upside with 4870 & 4930 as targets. Comment: the RSI is mixed to bearish…. Read more

SPI 200‏ (ASX)‏ (H6) Intraday: the downside prevails. Pivot: 4870 Our preference: short positions below 4870 with targets @ 4790 & 4775 in extension. Alternative scenario: above 4870 look for further upside with 4933 & 4950 as targets. Comment: as long as 4870 is resistance,… Read more

Gold spot Intraday: the upside prevails. Pivot: 1147.5 Our preference: long positions above 1147.5 with targets @ 1160 & 1166 in extension. Alternative scenario: below 1147.5 look for further downside with 1141 & 1136.6 as targets. Comment: the immediate trend remains up and the momentum… Read more

 Gold spot Intraday: the upside prevails. Pivot: 1125 Our preference: long positions above 1125 with targets @ 1143 & 1148 in extension. Alternative scenario: below 1125 look for further downside with 1119 & 1111 as targets. Comment: the RSI is mixed to bullish. Supports and… Read more

SPI 200‏ (ASX)‏ (H6) Intraday: under pressure. Pivot: 4925 Our preference: short positions below 4925 with targets @ 4850 & 4790 in extension. Alternative scenario: above 4925 look for further upside with 4955 & 5020 as targets. Comment: as long as the resistance at 4925… Read more

SPI 200‏ (ASX)‏ (H6) Intraday: the upside prevails. Pivot: 4945 Our preference: long positions above 4945 with targets @ 5040 & 5080 in extension. Alternative scenario: below 4945 look for further downside with 4890 & 4850 as targets. Comment: the RSI is bullish and calls… Read more

SPI 200‏ (ASX)‏ (H6) Intraday: the upside prevails. Pivot: 4945 Our preference: long positions above 4945 with targets @ 5040 & 5080 in extension. Alternative scenario: below 4945 look for further downside with 4890 & 4850 as targets. Comment: the RSI is supported by a… Read more

Gold spot Intraday: under pressure. Pivot: 1123 Our preference: short positions below 1123 with targets @ 1109.5 & 1104.5 in extension. Alternative scenario: above 1123 look for further upside with 1128 & 1132 as targets. Comment: the RSI advocates for further downside. Supports and resistances:… Read more