Gold remains bid near the $1725 per ounce, as investors believe that the upside potential could be unlocked with a renewed landslide across global equities. Yet, anything less than a sizeable and durable risk sell-off should maintain the top-sellers in place approaching the $1750 mark...
Pivot (invalidation): 32.45 Our preference Long positions above 32.45 with targets at 34.10 & 34.65 in extension. Alternative scenario...
Pivot (invalidation): 17.2400 Our preference Short positions below 17.2400 with targets at 16.8900 & 16.7700 in extension. Alternative scenario...
Pivot (invalidation): 1740.00 Our preference Short positions below 1740.00 with targets at 1716.00 & 1710.00 in extension. Alternative scenario...
Pivot (invalidation): 2935.00 Our preference Long positions above 2935.00 with targets at 2979.00 & 3003.00 in extension. Alternative scenario...
Pivot (invalidation): 10970.00 Our preference Long positions above 10970.00 with targets at 11170.00 & 11245.00 in extension. Alternative scenario...
Pivot (invalidation): 6.8180 Our preference Short positions below 6.8180 with targets at 6.7810 & 6.7660 in extension. Alternative scenario...
Pivot (invalidation): 0.6550 Our preference Short positions below 0.6550 with targets at 0.6505 & 0.6480 in extension. Alternative scenario...
Pivot (invalidation): 1.4015 Our preference Short positions below 1.4015 with targets at 1.3970 & 1.3935 in extension. Alternative scenario...
Pivot (invalidation): 0.9705 Our preference Long positions above 0.9705 with targets at 0.9730 & 0.9745 in extension. Alternative scenario...
Pivot (invalidation): 107.50 Our preference Long positions above 107.50 with targets at 107.85 & 108.00 in extension. Alternative scenario...
Pivot (invalidation): 1.2160 Our preference Long positions above 1.2160 with targets at 1.2195 & 1.2210 in extension. Alternative scenario...
Pivot (invalidation): 1.0910 Our preference Short positions below 1.0910 with targets at 1.0885 & 1.0870 in extension. Alternative scenario...
First, a review of last week’s events: - EUR/USD . Tensions between the U.S. and China continue, which can not but affect the markets. President Trump said he will respond “very strongly” to Beijing’s legislative initiatives...
Pivot (invalidation): 33.75 Our preference Short positions below 33.75 with targets at 32.40 & 31.30 in extension. Alternative scenario...
Pivot (invalidation): 17.1300 Our preference Short positions below 17.1300 with targets at 16.5000 & 16.3000 in extension. Alternative scenario...
Pivot (invalidation): 1734.00 Our preference Short positions below 1734.00 with targets at 1715.00 & 1709.00 in extension. Alternative scenario...
