GOLD/USD, 30 min
Pivot: 1764.90
Analysis:
Provided that the price is above 1755.50, follow these recommendations:
- Time frame: 30 min
- Recommendation: long position
- Entry point: 1764.90
- Take Profit 1: 1777.50
- Take Profit 2: 1784.00
Alternative scenario:
In case of breakdown of the level 1755.50, follow the recommendations below:
- Time frame: 30 min
- Recommendation: short position
- Entry point: 1755.50
- Take Profit 1: 1745.00
- Take Profit 2: 1739.00
Comment:
RSI shows an uptrend within a day.
Key levels:
Resistance --- Support
1796.00 ------ 1755.50
1790.00 ------ 1745.00
1784.00 ------ 1739.00
GOLD/USD, D1
Pivot: 1760.00
Analysis:
Provided that the price is above 1755.00, follow these recommendations:
- Time frame: D1
- Recommendation: long position
- Entry point: 1760.00
- Take Profit 1: 1795.00
- Take Profit 2: 1835.00
Alternative scenario:
In case of breakdown of the level 1755.00, follow the recommendations below:
- Time frame: D1
- Recommendation: short position
- Entry point: 1755.00
- Take Profit 1: 1700.00
- Take Profit 2: 1675.00
Comment:
RSI shows an uptrend in the medium term.
Key levels:
Resistance --- Support
1900.00 ------ 1755.00
1835.00 ------ 1700.00
1795.00 ------ 1675.00
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