Gold Intraday: bullish bias above 1664.00.

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202506031027289717e22ee07adbaf979553e843796f68
XAUUSD+0%
2022-11-07 06:45Source:TC

Pivot: 1664.00

Our preference: long positions above 1664.00 with targets at 1682.00 & 1695.00 in extension.

Alternative scenario: below 1664.00 look for further downside with 1653.00 & 1643.00 as targets.

Comment: the RSI is mixed with a bullish bias.

Supports and resistances:

1705.00

1695.00

1682.00

1673.93 Last

1664.00

1653.00

1643.00

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 11-07-2022 at 06:45 UTC+1

Price reference: 1673.93 last known on 11-07-2022 at 06:45 UTC+1

Investment horizon: INTRADAY

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