1909.50 is our pivot point.
Our preference: short term rebound towards 1925.00.
Alternative scenario: the downside breakout of 1909.50 would call for 1903.50 and 1900.
Comment: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Gold stands below its 20 and 50 period moving average (respectively at 1918.60 and 1926.30).
Supports and resistances:
1932.00 **
1928.50 *
1925.00 **
1921.50
1913.93 last
1911.50
1909.50 **
1903.50 *
1900.00 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 06-22-2023 at 22:43 UTC+1
Price reference: 1913.93 last known on 06-22-2023 at 22:43 UTC+1
Investment horizon: INTRADAY
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