Market Analysis of Gold on Monday 20 February 2023

2023-02-20 04:47Fonte:BtcDana

Gold Intraday: bullish bias above 1830.00.

 

Pivot:

1830.00

 

Our preference:

Long positions above 1830.00 with targets at 1845.00 & 1853.00 in extension.

 

Alternative scenario:

Below 1830.00 look for further downside with 1824.00 & 1818.00 as targets.

 

Comment:

The RSI is above its neutrality area at 50%.

https://asset.onetrader.online/upload/file/1676822400000/1676868450868.gif

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