Gold may rise to 2668.00 - 2688.00

Intraday: further upside.

Pivot

2642.00

Our preference

Long positions above 2642.00 with targets at 2668.00 & 2688.00 in extension.

Alternative scenario

Below 2642.00 look for further downside with 2634.00 & 2621.00 as targets.

Comment

The RSI shows upside momentum.

Supports and resistances

2700.00

2688.00

2668.00

2658.49 Last

2642.00

2634.00

2621.00

Number of asterisks represents the strength of support and resistance levels.

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