Gold may rise to 2010.00 - 2015.00 Long

GOLD (US$/OZ)TVC

Description

⋅ Apr 12, 2023 3:55 AM

Pivot
1996.00
Our preference
Long positions above 1996.00 with targets at 2010.00 & 2015.00 in extension.
Alternative scenario
Below 1996.00 look for further downside with 1990.00 & 1982.00 as targets.
Comment
The RSI calls for a bounce

Trend Analysis