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XAUUSD may rise to 2038.00 - 2044.00
Gold Spot / U.S. Dollar
Long
XAUUSD may rise to 2038.00 - 2044.00
By Daniel_Thompson
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Feb 9
3
Feb 9
Pivot
2027.00
Our preference
Long positions above 2027.00 with targets at 2038.00 & 2044.00 in extension.
Alternative scenario
Below 2027.00 look for further downside with 2022.00 & 2017.00 as targets.
Comment
The RSI calls for a bounce.
Supports and resistances
2050.00
2044.00
2038.00
2032.00 Last
2027.00
2022.00
2017.00
Number of asterisks represents the strength of support and resistance levels.
Chart Patterns
Trend Analysis
Wave Analysis
Daniel_Thompson
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