Market Analysis of GOLD on Thursday 13 October 2022

2022-10-13 09:51Source:BtcDana

Gold Intraday: bounce.

 

Pivot:

1665.00

 

Our preference:

Long positions above 1665.00 with targets at 1683.00 & 1691.00 in extension.

 

Alternative scenario:

Below 1665.00 look for further downside with 1660.00 & 1654.00 as targets.

 

Comment:

The RSI calls for a bounce.

https://asset.onetrader.online/upload/file/1665590400000/1665625916881.png

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