GCRCstock

GCRCstock

we can take a bet on 1960 with a 10 usd loss line.

GCRCstock

30m gold in will see a retracement before breaking through the previous day's high price

GCRCstock

Pivot 72.20 Our preference Short positions below 72.20 with targets at 71.20 & 70.50 in extension. Alternative scenario Above 72.20 look for further upside with 72.80 & 73.40 as targets. Comment The RSI is below its neutrality area at 50%

GCRCstock

Technical Comments: Daily chart in the box range to form an oscillating downward trend, layout short at high.

GCRCstock

Strategy: short at 1979, stop loss 1985. Target 1969-1974 points. Technical Comment: The 1-hour chart is under pressure at the previous high level. Formation of oscillating downward trend, layout short at high.

GCRCstock

Pivot 1989.00 Our preference Long positions above 1989.00 with targets at 2007.00 & 2012.00 in extension. Alternative scenario Below 1989.00 look for further downside with 1983.00 & 1976.00 as targets. Comment Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

GCRCstock

GOLD maybe go up in next hours. Pivot 1987.00 Our preference Long positions above 1987.00 with targets at 2004.00 & 2012.00 in extension. Alternative scenario Below 1987.00 look for further downside with 1982.00 & 1977.00 as targets. Comment The RSI shows upside momentum.

GCRCstock

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

GCRCstock

Pivot 1986.00 Our preference Short positions below 1986.00 with targets at 1964.00 & 1954.00 in extension. Alternative scenario Above 1986.00 look for further upside with 1994.00 & 2003.00 as targets. Comment As long as 1986.00 is resistance, expect a return to 1964.00

GCRCstock

Pivot 1978.00 Our preference Long positions above 1978.00 with targets at 2003.00 & 2009.00 in extension. Alternative scenario Below 1978.00 look for further downside with 1971.00 & 1964.00 as targets. Comment The RSI is mixed with a bullish bias.

GCRCstock

Pivot 1885.0 0 Our preference Long positions above 1885.00 with targets at 2070.00 & 2120.00 in extension. Alternative scenario Below 1885.00 look for further downside with 1855.00 & 1805.00 as targets. Comment The RSI advocates for further upside.