Our pivot point is at 1945.50.
Our preference: short term rebound towards 2007.00.
Alternative scenario: the downside breakout of 1945.50 would call for 1923.50 and 1910.
Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Gold stands below its 20 and 50 period moving average (respectively at 1966.10 and 1967.60).
Supports and resistances:
2034.00 **
2020.50 *
2007.00 **
1993.50
1963.93 last
1954.50
1945.50 **
1923.50 *
1910.00 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 03-29-2023 at 21:39 UTC+1
Price reference: 1963.93 last known on 03-29-2023 at 21:39 UTC+1
Investment horizon: INTRADAY
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