XAU Trading Outlook Archive

SPI 200‏ (ASX)‏ (H6) Intraday: further advance. Pivot: 5085 Our preference: long positions above 5085 with targets @ 5190 & 5230 in extension. Alternative scenario: below 5085 look for further downside with 5040 & 5010 as targets. Comment: the RSI is mixed. Supports and resistances:… Read more

SPI 200 (ASX) Pivot: 5010 Our preference: long positions above 5010 with targets @ 5107 & 5130 in extension. Alternative scenario: below 5010 look for further downside with 4960 & 4920 as targets. Comment: the RSI lacks downward momentum. Supports and resistances: 5160 5130 5107… Read more

SPI 200 (ASX) Pivot: 5010 Our preference: long positions above 5010 with targets @ 5107 & 5130 in extension. Alternative scenario: below 5010 look for further downside with 4960 & 4920 as targets. Comment: the RSI lacks downward momentum. Supports and resistances: 5160 5130 5107… Read more

SPI200(ASX) Pivot: 5010 Our preference: long positions above 5010 with targets @ 5095 & 5130 in extension. Alternative scenario: below 5010 look for further downside with 4960 & 4920 as targets. Comment: the RSI lacks downward momentum. Supports and resistances: 5160 5130 5095 5044 Last… Read more

  GOLD Pivot: 1065.5 Likely scenario: long positions above 1065.5 with targets @ 1077.5 & 1081.5 in extension. Alternative scenario: below 1065.5 look for further downside with 1058 & 1052 as targets. Comment: intraday technical indicators are mixed and call for caution. Trade Now  … Read more

  GOLD Pivot: 1068 Likely scenario: long positions above 1068 with targets @ 1085.5 & 1089 in extension. Alternative scenario: below 1068 look for further downside with 1064 & 1058 as targets. Comment: a support base at 1068 has formed and has allowed for a… Read more

  GOLD Pivot: 1082 Likely scenario: short positions below 1082 with targets @ 1068 & 1064 in extension. Alternative scenario: above 1082 look for further upside with 1088 & 1093 as targets. Comment: as long as 1082 is resistance, likely decline to 1068.  

  GOLD Pivot: 1078 Likley scenario: short positions below 1078 with targets @ 1065.5 & 1058 in extension. Alternative scenario: above 1078 look for further upside with 1082 & 1088 as targets. Comment: as long as 1078 is resistance, likely decline to 1065.5. Trade Now… Read more

GOLD Pivot: 1075 Likley scenario: long positions above 1075 with targets @ 1091 & 1100 in extension. Alternative scenario: below 1075 look for further downside with 1069.5 & 1064 as targets. Comment: the break above the resistance at 1075 triggered an upward acceleration to 1091…. Read more