With the cryptocurrency market falling, the noble yellow metal can become one of the most attractive tools for financial traders and speculators. Gold instead of Bitcoin...
Pivot (invalidation): 75.60 Our preference Long positions above 75.60 with targets at 76.90 & 77.30 in extension. Alternative scenario Below 75.60 look for further downside with 74.90 & 74.25 as targets...
Pivot (invalidation): 14.7100 Our preference Short positions below 14.7100 with targets at 14.4200 & 14.3400 in extension. Alternative scenario Above 14.7100 look for further upside with 14.8200 & 14.9100 as targets...
Pivot (invalidation): 1202.00 Our preference Short positions below 1202.00 with targets at 1194.00 & 1189.00 in extension. Alternative scenario Above 1202.00 look for further upside with 1205.00 & 1208.00 as targets...
Pivot (invalidation): 2931.00 Our preference Short positions below 2931.00 with targets at 2917.75 & 2914.00 in extension. Alternative scenario Above 2931.00 look for further upside with 2937.50 & 2941.00 as targets...
Pivot (invalidation): 12337.00 Our preference Short positions below 12337.00 with targets at 12240.00 & 12190.00 in extension. Alternative scenario Above 12337.00 look for further upside with 12374.00 & 12420.00 as targets...
Pivot (invalidation): 6.0270 Our preference Long positions above 6.0270 with targets at 6.0900 & 6.1200 in extension. Alternative scenario Below 6.0270 look for further downside with 5.9920 & 5.9700 as targets...
Pivot (invalidation): 0.7125 Our preference Short positions below 0.7125 with targets at 0.7080 & 0.7035 in extension. Alternative scenario Above 0.7125 look for further upside with 0.7145 & 0.7160 as targets...
Pivot (invalidation): 1.2840 Our preference Long positions above 1.2840 with targets at 1.2900 & 1.2940 in extension. Alternative scenario Below 1.2840 look for further downside with 1.2810 & 1.2775 as targets...
Pivot (invalidation): 0.9885 Our preference Long positions above 0.9885 with targets at 0.9945 & 0.9970 in extension. Alternative scenario Below 0.9885 look for further downside with 0.9860 & 0.9830 as targets...
Pivot (invalidation): 114.00 Our preference Long positions above 114.00 with targets at 114.55 & 114.85 in extension. Alternative scenario Below 114.00 look for further downside with 113.70 & 113.50 as targets...
Pivot (invalidation): 1.2970 Our preference Short positions below 1.2970 with targets at 1.2890 & 1.2860 in extension. Alternative scenario Above 1.2970 look for further upside with 1.2995 & 1.3020 as targets...
Pivot (invalidation): 1.1515 Our preference Short positions below 1.1515 with targets at 1.1460 & 1.1410 in extension. Alternative scenario Above 1.1515 look for further upside with 1.1565 & 1.1595 as targets...
NZDUSD bearish pressure eyes 0.6502 zone as it retains its broader medium term downtrend. This development leaves it vulnerable beyond the above support. Support lies at the 0.6450 level. Further down, the 0.6400 level comes in as the next downside target...
Pivot (invalidation): 74.90 Our preference Long positions above 74.90 with targets at 75.55 & 75.90 in extension. Alternative scenario Below 74.90 look for further downside with 74.25 & 73.65 as targets...
Pivot (invalidation): 14.6200 Our preference Long positions above 14.6200 with targets at 14.9000 & 15.0700 in extension. Alternative scenario Below 14.6200 look for further downside with 14.4500 & 14.3400 as targets...
Pivot (invalidation): 1201.00 Our preference Long positions above 1201.00 with targets at 1211.00 & 1217.00 in extension. Alternative scenario Below 1201.00 look for further downside with 1197.50 & 1194.00 as targets...
Pivot (invalidation): 2917.75 Our preference Long positions above 2917.75 with targets at 2931.00 & 2937.00 in extension. Alternative scenario Below 2917.75 look for further downside with 2914.00 & 2909.50 as targets...
Pivot (invalidation): 12312.00 Our preference Short positions below 12312.00 with targets at 12190.00 & 12152.00 in extension. Alternative scenario Above 12312.00 look for further upside with 12340.00 & 12374.00 as targets...
