XAU Trading Outlook Archive

SPI 200‏ (ASX)‏ (H6) Intraday: bullish bias above 4845. Pivot: 4845 Our preference: long positions above 4845 with targets @ 4925 & 4970 in extension. Alternative scenario: below 4845 look for further downside with 4800 & 4775 as targets. Comment: the RSI is mixed to… Read more

SPI 200‏ (ASX)‏ (H6) Intraday: the downside prevails. Pivot: 4895 Our preference: short positions below 4895 with targets @ 4800 & 4775 in extension. Alternative scenario: above 4895 look for further upside with 4970 & 5010 as targets. Comment: as long as 4895 is resistance,… Read more

SPI 200‏ (ASX)‏ (H6) Intraday: the downside prevails. Pivot: 4895 Our preference: short positions below 4895 with targets @ 4800 & 4775 in extension. Alternative scenario: above 4895 look for further upside with 4970 & 5010 as targets. Comment: as long as 4895 is resistance,… Read more

SPI 200‏ (ASX)‏ (H6) Intraday: the downside prevails. Pivot: 4895 Our preference: short positions below 4895 with targets @ 4775 & 4730 in extension. Alternative scenario: above 4895 look for further upside with 4970 & 5010 as targets. Comment: the RSI is mixed with a… Read more

SPI 200‏ (ASX)‏ (H6) Intraday: the downside prevails. Pivot: 4930 Our preference: short positions below 4930 with targets @ 4820 & 4775 in extension. Alternative scenario: above 4930 look for further upside with 4970 & 5010 as targets. Comment: the RSI is badly directed. Supports… Read more

SPI 200‏ (ASX)‏ (H6) Intraday: the upside prevails. Pivot: 4965 Our preference: long positions above 4965 with targets @ 5023 & 5075 in extension. Alternative scenario: below 4965 look for further downside with 4933 & 4890 as targets. Comment: the RSI is bullish and calls… Read more

SPI 200‏ (ASX)‏ (H6) Intraday: consolidation. Pivot: 4950 Our preference: short positions below 4950 with targets @ 4890 & 4850 in extension. Alternative scenario: above 4950 look for further upside with 4980 & 5023 as targets. Comment: as long as 4950 is resistance, look for… Read more

SPI 200‏ (ASX)‏ (H6) Intraday: supported by a rising trend line. Pivot: 4900 Our preference: long positions above 4900 with targets @ 4980 & 5000 in extension. Alternative scenario: below 4900 look for further downside with 4820 & 4770 as targets. Comment: the RSI lacks… Read more

SPI 200‏ (ASX)‏ (H6) Intraday: the upside prevails. Pivot: 4880 Our preference: long positions above 4880 with targets @ 4950 & 4975 in extension. Alternative scenario: below 4880 look for further downside with 4820 & 4770 as targets. Comment: the RSI lacks downward momentum. Supports… Read more

SPI 200‏ (ASX)‏ (H6) Intraday: the upside prevails. Pivot: 4835 Our preference: long positions above 4835 with targets @ 4900 & 4930 in extension. Alternative scenario: below 4835 look for further downside with 4790 & 4740 as targets. Comment: the RSI is bullish and calls… Read more