XAU/USD, 30 min
Pivot: 1731.00
Analysis:
Provided that the price is below 1741.00, follow these recommendations:
- Time frame: 30 min
- Recommendation: short position
- Entry point: 1731.00
- Take Profit 1: 1719.00
- Take Profit 2: 1707.00
Alternative scenario:
In case of breakout of the level 1741.00, follow the recommendations below:
- Time frame: 30 min
- Recommendation: long position
- Entry point: 1741.00
- Take Profit 1: 1747.00
- Take Profit 2: 1756.00
Comment:
RSI shows a downtrend within a day.
Key levels:
Resistance Support
1756.00 1719.00
1747.00 1707.00
1741.00 1700.00
XAU/USD, D1
Pivot: 1735.00
Analysis:
Provided that the price is below 1780.00, follow these recommendations:
- Time frame: D1
- Recommendation: short position
- Entry point: 1735.00
- Take Profit 1: 1670.00
- Take Profit 2: 1610.00
Alternative scenario:
In case of breakout of the level 1780.00, follow the recommendations below:
- Time frame: D1
- Recommendation: long position
- Entry point: 1780.00
- Take Profit 1: 1820.00
- Take Profit 2: 1850.00
Comment:
RSI shows a downtrend in the medium term.
Key levels:
Resistance Support
1850.00 1670.00
1820.00 1610.00
1780.00 1570.00
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