XAU Trading Outlook Archive

S&P 500‏ (CME)‏ (H6) Intraday: bullish bias above 1851. Pivot: 1851 Our preference: long positions above 1851 with targets @ 1907 & 1918 in extension. Alternative scenario: below 1851 look for further downside with 1836 & 1818 as targets. Comment: the RSI is mixed to… Read more

S&P 500 (CME) (H5) Intraday: the downside prevails. Pivot: 2054 Our preference: Short positions below 2054 with targets @ 2036 & 2027 in extension. Alternative scenario: Above 2054 look for further upside with 2065 & 2082 as targets. Comment: As long as 2054 is resistance,… Read more

S&P 500 (CME) (H5) Intraday: the downside prevails. Pivot: 2054 Our preference: Short positions below 2054 with targets @ 2036 & 2027 in extension. Alternative scenario: Above 2054 look for further upside with 2065 & 2082 as targets. Comment: As long as 2054 is resistance,… Read more

SPI 200‏ (ASX)‏ (H6) Intraday: bullish bias above 4875. Pivot: 4875 Our preference: long positions above 4875 with targets @ 4950 & 4990 in extension. Alternative scenario: below 4875 look for further downside with 4825 & 4795 as targets. Comment: the RSI is mixed to… Read more

SPI 200‏ (ASX)‏ (H6) Intraday: continuation of the rebound. Pivot: 4790 Our preference: long positions above 4790 with targets @ 4900 & 4950 in extension. Alternative scenario: below 4790 look for further downside with 4720 & 4700 as targets. Comment: the RSI is mixed to… Read more

SPI 200‏ (ASX)‏ (H6) Intraday: bounce. Pivot: 4720 Our preference: long positions above 4720 with targets @ 4875 & 4900 in extension. Alternative scenario: below 4720 look for further downside with 4700 & 4650 as targets. Comment: the RSI calls for a rebound. Supports and… Read more

SPI 200‏ (ASX)‏ (H6) Intraday: bullish bias above 4770. Pivot: 4770 Our preference: long positions above 4770 with targets @ 4880 & 4910 in extension. Alternative scenario: below 4770 look for further downside with 4700 & 4650 as targets. Comment: the RSI is mixed with… Read more

SPI 200‏ (ASX)‏ (H6) Intraday: key resistance at 4815. Pivot: 4815 Our preference: short positions below 4815 with targets @ 4750 & 4700 in extension. Alternative scenario: above 4815 look for further upside with 4885 & 4945 as targets. Comment: the index currently faces a… Read more

SPI 200‏ (ASX)‏ (H6) Intraday: expect 4985. Pivot: 4852 Our preference: long positions above 4852 with targets @ 4947 & 4985 in extension. Alternative scenario: below 4852 look for further downside with 4825 & 4810 as targets. Comment: the RSI is bullish and calls for… Read more

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: the RSI is bearish and… Read more