Market Analysis of GOLD on Friday 9 September 2022

2022-09-09 09:51Source:BtcDana

Gold Intraday: key resistance at 1715.00.

 

Pivot:

1715.00

 

Our preference:

Short positions below 1715.00 with targets at 1703.00 & 1696.00 in extension.

 

Alternative scenario:

Above 1715.00 look for further upside with 1723.00 & 1728.00 as targets.

 

Comment:

The RSI is below its neutrality area at 50%

https://asset.onetrader.online/upload/file/1662652800000/1662688309592.png

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