XAU/USD may rise 52.00 – 72.00 USD

Our preference

Long positions above 4520 with targets at 4620 & 4640 in extension.

4,690.000 Resistance...

4,640.000 Resistance ..

4,620.000 Resistance.

4,568.000 Last

4,520.000 Pivot

4,520.000 Support.

4,465.000 Support..

4,420.000 Support...

The RSI is mixed with a bullish bias.

Alternative scenario

Below 4520 look for further downside with 4465 & 4420 as targets.

$XAU

XAU
XAUUSDT
4,652.91
-0.46%

#GOLD_UPDATE