Gold may rise to 2195.00 - 2210.00

Pivot

2168.00

Our preference

Long positions above 2168.00 with targets at 2195.00 & 2205.00 in extension.

Alternative scenario

Below 2168.00 look for further downside with 2162.00 & 2155.00 as targets.

Comment

The RSI lacks downward momentum.

Supports and resistances

2215.00

2205.00

2195.00

2178.05 Last

2168.00

2162.00

2155.00

Number of asterisks represents the strength of support and resistance levels.