Buy 1445-1447, take profit 1462, stop loss 1440
Sell 1476, take profit 1452, stop loss 1483
Today is nearly weekend, investors should order “stop loss” trading.
Wish you have successful trading !
Sell 1476, take profit 1452, stop loss 1483
Today is nearly weekend, investors should order “stop loss” trading.
Wish you have successful trading !
IMMS
New strategy
GOLD (Spot) intraday: the downside prevails.
Pivot: 1478.00
Our preference: SHORT positions below 1478 with 1450 & 1441 in sight.
Alternative scenario: The upside penetration of 1478 will call for 1488 & 1507.
Comment: the RSI advocates for further downside.
Trend: ST Bearish; MT Bearish
Key levels Comment
1507** Intraday resistance
1488*** Previous high
1478** Intraday pivot point
1457.05 Last
1450** Intraday support
1441** Intraday support
1430**Previous low

Pivot: 1478.00
Our preference: SHORT positions below 1478 with 1450 & 1441 in sight.
Alternative scenario: The upside penetration of 1478 will call for 1488 & 1507.
Comment: the RSI advocates for further downside.
Trend: ST Bearish; MT Bearish
Key levels Comment
1507** Intraday resistance
1488*** Previous high
1478** Intraday pivot point
1457.05 Last
1450** Intraday support
1441** Intraday support
1430**Previous low
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