Gold Intraday: choppy.

Limited Decrease
l
1698398372047
XAUUSD+0%
2022-07-27 17:17Source:TC

Pivot: 1722.00

Our preference: short positions below 1722.00 with targets at 1712.00 & 1702.00 in extension.

Alternative scenario: above 1722.00 look for further upside with 1728.00 & 1735.00 as targets.

Comment: the upward potential is likely to be limited by the resistance at 1722.00.

Supports and resistances:

1735.00

1728.00

1722.00

1717.00 Last

1712.00

1702.00

1696.00

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

TRADING CENTRAL is governed by the Code of Conduct of ANACOFI-CIF, an association approved by the Autorité des Marchés Financiers and registered with ORIAS under number 17005458.

Written on 07-27-2022 at 17:17 UTC+1

Price reference: 1717.00 last known on 07-27-2022 at 17:17 UTC+1

Investment horizon: INTRADAY

TRADING CENTRAL recommends reading the legal and regulatory information as well as the warnings concerning the information provided accessible from the following link : ​https://global.tradingcentral.com/www/pdf/terms_of_use_web_sites_en.pdf

Reference points and analysis views from trading strategies are provided by external providers, and strategy views are only the analyst's personal evaluation and assessment, not considering the investor's investment goals and financial conditions. All strategy views are not investment advice or recommendations, only for reference. Our company also does not guarantee the accuracy of strategy views and is not responsible for any negative results that may arise from trading strategies.

More