XAU/USD may rise 52.00 – 87.00 USD

Our preference

Long positions above 4500 with targets at 4585 & 4620 in extension.

4,645.000 Resistance..…

4,620.000 Resistance

4,585.000 Resistance •

Last

4,500.000

Pivot

4,500.000 Support.

4,455.000 Support ..

4,420.000 Support...

Comment

The RSI is mixed to bullish.

Alternative scenario

Below 4500 look for further downside with 4455 & 4420 as targets.

$XAU

XAU
XAUUSDT
4,545.59
+0.07%

#GOLD_UPDATE