XAU/USD may rise 26.00 - 46.00 USD
Our preference
Long positions above 5040 with targets at 5090 & 5110 in extension.
5,140.000 Resistance...
5,110.000 Resistance ..
5,090.000 Resistance .
5,064.000 Last
5,040.000 Pivot
5,040.000 Support.
5,005.000 Support..
4,980.000 Support...
Comment
The RSI is below its neutrality area at 50% but reversing up.
Alternative scenario
Below 5040 look for further downside with 5005 & 4980 as targets.
XAUUSDT
Perp
5,036.19
-0.01%