XAUUSD
Pivot
1793.00
My preference:
Short positions below 1793.00 with targets at 1778.00 & 1771.00 in extension.
Alternative scenario
Above 1793.00 look for further upside with 1800.00 & 1808.00 as targets.
My Comment:
As long as 1793.00 is resistance, look for choppy price action with a bearish bias.
Supports and resistances
1808.00
1800.00
1793.00
1789.81 Last
1778.00
1771.00
1764.00
Number of asterisks represents the strength of support and resistance levels.
1793.00
My preference:
Short positions below 1793.00 with targets at 1778.00 & 1771.00 in extension.
Alternative scenario
Above 1793.00 look for further upside with 1800.00 & 1808.00 as targets.
My Comment:
As long as 1793.00 is resistance, look for choppy price action with a bearish bias.
Supports and resistances
1808.00
1800.00
1793.00
1789.81 Last
1778.00
1771.00
1764.00
Number of asterisks represents the strength of support and resistance levels.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.