Gold Intraday: consolidation.

Limited Decrease
l
202506031027289717e22ee07adbaf979553e843796f68
XAUUSD+0%
2023-02-07 10:55Source:TC

Pivot: 1882.00

Our preference: short positions below 1882.00 with targets at 1860.00 & 1850.00 in extension.

Alternative scenario: above 1882.00 look for further upside with 1895.00 & 1908.00 as targets.

Comment: as long as the resistance at 1882.00 is not surpassed, the risk of the break below 1860.00 remains high.

Supports and resistances:

1908.00

1895.00

1882.00

1874.79 Last

1860.00

1850.00

1842.00

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 02-07-2023 at 10:55 UTC+1

Price reference: 1874.79 last known on 02-07-2023 at 10:55 UTC+1

Investment horizon: INTRADAY

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