XAU/USD may rise 76.00- 136.00 USD
Our preference
Long positions above 4980 with targets at 5085 & 5145 in extension.
5,230.000 Resistance..…
5,145.000 Resistance..
5,085.000 Resistance.
5,009.000 Last
4,980.000 Pivot
4,980.000 Support.
4,905.000 Support..
4,835.000 Support...
The RSI is mixed and calls for caution.
Alternative scenario
Below 4980 look for further downside with 4905 & 4835 as targets.
XAUUSDT
Perp
4,988.66
-0.95%