Gold Intraday: further upside.

  • May 19, 2021

Pivot: 1876.00

Our preference: long positions above 1876.00 with targets at 1890.00 & 1900.00 in extension.

Alternative scenario: below 1876.00 look for further downside with 1862.00 & 1851.00 as targets.

Comment: the RSI is bullish and calls for further upside.

Supports and resistances:
1910.00
1900.00
1890.00
1883.90 Last
1876.00
1862.00
1851.00