Golg XAUUSD

Gold Intraday: key resistance at 1925.00. then next level 1938.00

Pivot:
1925.00

Our preference:
Short positions below 1925.00 with targets at 1910.00 & 1905.00 in extension.

Alternative scenario:
Above 1925.00 look for further upside with 1930.00 & 1935.00 as targets.

Comment:
As long as the resistance at 1925.00 is not surpassed, the risk of the break below 1910.00 remains high.
Trend Analysis

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