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XAUUSD may rise to 2012.00 - 2019.00
Gold Spot / U.S. Dollar
Long
XAUUSD may rise to 2012.00 - 2019.00
By Daniel_Thompson
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Feb 16
2
Feb 16
Pivot
1998.00
Our preference
Long positions above 1998.00 with targets at 2012.00 & 2019.00 in extension.
Alternative scenario
Below 1998.00 look for further downside with 1993.00 & 1989.00 as targets.
Comment
The RSI shows upside momentum.
Supports and resistances
2029.00
2019.00
2012.00
2005.19 Last
1998.00
1993.00
1989.00
Number of asterisks represents the strength of support and resistance levels.
Beyond Technical Analysis
Technical Indicators
Trend Analysis
Daniel_Thompson
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