Pivot (invalidation): 1.3420 Our preference Short positions below 1.3420 with targets at 1.3380 & 1.3350 in extension. Alternative scenario Above 1.3420 look for further upside with 1.3440 & 1.3465 as targets...
Pivot (invalidation): 1.0085 Our preference Long positions above 1.0085 with targets at 1.0120 & 1.0145 in extension. Alternative scenario Below 1.0085 look for further downside with 1.0065 & 1.0050 as targets...
Pivot (invalidation): 111.15 Our preference Long positions above 111.15 with targets at 111.65 & 111.80 in extension. Alternative scenario Below 111.15 look for further downside with 111.00 & 110.85 as targets...
Pivot (invalidation): 1.3185 Our preference Long positions above 1.3185 with targets at 1.3255 & 1.3290 in extension. Alternative scenario Below 1.3185 look for further downside with 1.3125 & 1.3065 as targets...
Pivot (invalidation): 1.1240 Our preference Long positions above 1.1240 with targets at 1.1275 & 1.1290 in extension. Alternative scenario Below 1.1240 look for further downside with 1.1220 & 1.1200 as targets...
Here's a good case scenario to identify a sideways market. There are 6 arrows on the glowing line. It is telling me that the price is trading inside a big box. I drew in the chart the potential buy area, and potential sell area...
Pivot (invalidation): 55.95 Our preference Long positions above 55.95 with targets at 56.70 & 57.00 in extension. Alternative scenario Below 55.95 look for further downside with 55.40 & 54.90 as targets...
Pivot (invalidation): 15.1500 Our preference Long positions above 15.1500 with targets at 15.3700 & 15.5000 in extension. Alternative scenario Below 15.1500 look for further downside with 15.0300 & 14.9600 as targets...
Pivot (invalidation): 1292.00 Our preference Long positions above 1292.00 with targets at 1300.50 & 1304.00 in extension. Alternative scenario Below 1292.00 look for further downside with 1289.00 & 1284.50 as targets...
Pivot (invalidation): 2730.00 Our preference Long positions above 2730.00 with targets at 2761.00 & 2771.00 in extension. Alternative scenario Below 2730.00 look for further downside with 2722.00 & 2714.00 as targets...
Pivot (invalidation): 11522.00 Our preference Short positions below 11522.00 with targets at 11370.00 & 11295.00 in extension. Alternative scenario Above 11522.00 look for further upside with 11567.00 & 11600.00 as targets...
Pivot (invalidation): 5.4540 Our preference Short positions below 5.4540 with targets at 5.4220 & 5.3930 in extension. Alternative scenario Above 5.4540 look for further upside with 5.4740 & 5.4890 as targets...
Pivot (invalidation): 0.7050 Our preference Short positions below 0.7050 with targets at 0.7020 & 0.7000 in extension. Alternative scenario Above 0.7050 look for further upside with 0.7065 & 0.7090 as targets...
Pivot (invalidation): 1.3400 Our preference Long positions above 1.3400 with targets at 1.3445 & 1.3465 in extension. Alternative scenario Below 1.3400 look for further downside with 1.3370 & 1.3350 as targets...
Pivot (invalidation): 1.0090 Our preference Short positions below 1.0090 with targets at 1.0065 & 1.0055 in extension. Alternative scenario Above 1.0090 look for further upside with 1.0105 & 1.0125 as targets...
Pivot (invalidation): 111.25 Our preference Short positions below 111.25 with targets at 110.85 & 110.60 in extension. Alternative scenario Above 111.25 look for further upside with 111.45 & 111.65 as targets...
Pivot (invalidation): 1.3015 Our preference Short positions below 1.3015 with targets at 1.2945 & 1.2900 in extension. Alternative scenario Above 1.3015 look for further upside with 1.3070 & 1.3105 as targets...
Pivot (invalidation): 1.1220 Our preference Long positions above 1.1220 with targets at 1.1245 & 1.1265 in extension. Alternative scenario Below 1.1220 look for further downside with 1.1200 & 1.1175 as targets...
GOLD looks to recover further higher on bull pressure as it closed higher on Friday. On the downside, support comes in at the 1,290.00 level where a break will turn attention to the 1,280.00 level. Further down, a cut through here will open the door for a move lower towards the 1,270.00 level...
