XAU Trading Outlook Archive

Trade SPI 200‏ (ASX)‏ (M6) Intraday: key resistance at 5233. Pivot: 5233 Our preference: short positions below 5233 with targets @ 5145 & 5111 in extension. Alternative scenario: above 5233 look for further upside with 5270 & 5300 as targets. Comment: as long as 5233… Read more

Gold spot Intraday: turning down Pivot: 1258.00 Our preference: short positions below 1258.00 with targets @ 1242.00 & 1235.50 in extension. Alternative scenario: above 1258.00 look for further upside with 1270.50 & 1281.00 as targets. Comment: the RSI is mixed to bearish. Supports and resistances:… Read more

Trade SPI 200‏ (ASX)‏ (M6) Intraday: further advance Pivot: 5175 Our preference: long positions above 5175 with targets @ 5280 & 5325 in extension. Alternative scenario: below 5175 look for further downside with 5145 & 5090 as targets. Comment: the RSI is bullish and calls… Read more

Crude Oil‏ (WTI)‏ (K6) Intraday: the upside prevails Pivot: 39.35 Our preference: long positions above 39.35 with targets @ 41.73 & 42.42 in extension. Alternative scenario: below 39.35 look for further downside with 38.44 & 37.60 as targets. Comment: the RSI is mixed to bullish…. Read more

Trade SPI 200‏ (ASX)‏ (M6) Intraday: capped by a negative trend line. Pivot: 4960 Our preference: short positions below 4960 with targets @ 4830 & 4800 in extension. Alternative scenario: above 4960 look for further upside with 5030 & 5083 as targets. Comment: as long as… Read more

SPI 200‏ (ASX)‏ (M6) Intraday: capped by a negative trend line. Pivot: 4985 Our preference: short positions below 4985 with targets @ 4870 & 4830 in extension. Alternative scenario: above 4985 look for further upside with 5030 & 5083 as targets. Comment: as long as… Read more

SPI 200‏ (ASX)‏ (M6) Intraday: capped by a negative trend line. Pivot: 5000 Our preference: short positions below 5000 with targets @ 4860 & 4800 in extension. Alternative scenario: above 5000 look for further upside with 5030 & 5083 as targets. Comment: the RSI lacks… Read more

SPI 200‏ (ASX)‏ (M6) Intraday: capped by a negative trend line Pivot: 5035 Our preference: short positions below 5035 with targets @ 4930 & 4880 in extension. Alternative scenario: above 5035 look for further upside with 5083 & 5145 as targets. Comment: the RSI advocates… Read more

SPI 200‏ (ASX)‏ (M6) Intraday: capped by a negative trend line. Pivot: 5040 Our preference: short positions below 5040 with targets @ 4930 & 4880 in extension. Alternative scenario: above 5040 look for further upside with 5083 & 5145 as targets. Comment: the RSI advocates… Read more

SPI 200‏ (ASX)‏ (M6) Intraday: caution Pivot: 5030 Our preference: long positions above 5030 with targets @ 5100 & 5145 in extension. Alternative scenario: below 5030 look for further downside with 4990 & 4960 as targets. Comment: the RSI is mixed and calls for caution…. Read more