GOLD NY Session Update
Pivot:2395.00
Our preference:
Long positions above 2395.00 with targets at 2416.00 & 2424.00 in extension.
Alternative scenario:
Below 2395.00 look for further downside with 2386.00 & 2379.00 as targets.
Comment:
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Our preference:
Long positions above 2395.00 with targets at 2416.00 & 2424.00 in extension.
Alternative scenario:
Below 2395.00 look for further downside with 2386.00 & 2379.00 as targets.
Comment:
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
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