goldhit5k

XAU/USD may rise 30.00 - 90.00 USD

Our preference

Long positions above 5000 with targets at 5110 & 5170 in extension.

5,220.000 Resistance ..

5,170.000 Resistance..

5,110.000 Resistance.

5,080.000 Last

5,000.000 Pivot

5,000.000 Support .

4,963.000 Support..

4,900.000 Support...

The immediate trend remains up and the momentum is strong.

Alternative scenario

Below 5000 look for further downside with 4963 & 4900 as targets.
$XAU
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