Gold Intraday: further advance.

  • May 19, 2021

Pivot: 1873.00

Our preference: long positions above 1873.00 with targets at 1902.00 & 1911.00 in extension.

Alternative scenario: below 1873.00 look for further downside with 1851.00 & 1844.00 as targets.

Comment: the break above the resistance at 1873.00 triggered an upward acceleration to 1902.00.

Supports and resistances:
1925.00
1911.00
1902.00
1884.00 Last
1873.00
1851.00
1844.00