XAU Trading Outlook Archive

SPI 200‏ (ASX)‏ (H6) Intraday: key resistance at 4947. Pivot: 4947 Our preference: short positions below 4947 with targets @ 4823 & 4750 in extension. Alternative scenario: above 4947 look for further upside with 5040 & 5100 as targets. Comment: as long as 4947 is… Read more

SPI 200‏ (ASX)‏ (H6) Intraday: the downside prevails Pivot: 4947 Our preference: short positions below 4947 with targets @ 4823 & 4750 in extension. Alternative scenario: above 4947 look for further upside with 5040 & 5100 as targets. Comment: as long as the resistance at… Read more

SPI 200‏ (ASX)‏ (H6) Intraday: key resistance at 5000 Pivot: 5000 Our preference: short positions below 5000 with targets @ 4820 & 4800 in extension. Alternative scenario: above 5000 look for further upside with 5040 & 5100 as targets. Comment: as long as 5000 is… Read more

SPI 200‏ (ASX)‏ (H6) Intraday: key resistance at 4975. Pivot: 4975 Our preference: short positions below 4975 with targets @ 4880 & 4850 in extension. Alternative scenario: above 4975 look for further upside with 5040 & 5100 as targets. Comment: the index currently faces a… Read more

SPI 200‏ (ASX)‏ (H6) Intraday: the downside prevails Pivot: 5135 Our preference: short positions below 5135 with targets @ 5040 & 5010 in extension. Alternative scenario: above 5135 look for further upside with 5190 & 5232 as targets. Comment: as long as the resistance at… Read more

SPI 200‏ (ASX)‏ (H6) Intraday: the downside prevails Pivot: 5190 Our preference: short positions below 5190 with targets @ 5100 & 5063 in extension. Alternative scenario: above 5190 look for further upside with 5232 & 5270 as targets. Comment: as long as 5190 is resistance,… Read more

SPI 200‏ (ASX)‏ (H6) Intraday: consolidation. Pivot: 5290 Our preference: short positions below 5290 with targets @ 5180 & 5140 in extension. Alternative scenario: above 5290 look for further upside with 5320 & 5345 as targets. Comment: as long as 5290 is resistance, look for… Read more

SPI 200‏ (ASX)‏ (H6) Intraday: the upside prevails Pivot: 5190 Our preference: long positions above 5190 with targets @ 5345 & 5380 in extension. Alternative scenario: below 5190 look for further downside with 5140 & 5085 as targets. Comment: the RSI is supported by a… Read more

SPI 200‏ (ASX)‏ (H6) Intraday: the upside prevails Pivot: 5190 Our preference: long positions above 5190 with targets @ 5345 & 5380 in extension. Alternative scenario: below 5190 look for further downside with 5140 & 5085 as targets. Comment: the RSI is supported by a… Read more

SPI 200‏ (ASX)‏ (H6) Intraday: further advance Pivot: 5140 Our preference: long positions above 5140 with targets @ 5230 & 5295 in extension. Alternative scenario: below 5140 look for further downside with 5085 & 5040 as targets. Comment: the RSI advocates for further upside. Supports… Read more