Gold spot Intraday: key resistance at 1321.
Pivot: 1321
Our preference: Short positions below 1321 with targets @ 1309 & 1304 in extension.
Alternative scenario: Above 1321 look for further upside with 1333 & 1350 as targets.
Comment: As long as the resistance at 1321 is not surpassed, the risk of the break below 1309 remains high.
Supports and resistances:
R3…1350
R2…1333
R1…1321
1317.54 Last
S1…1309
S2…1304
S3…1298
Silver spot Intraday: caution.
Pivot: 21.1
Our preference: Short positions below 21.1 with targets @ 20.8 & 20.5 in extension.
Alternative scenario: Above 21.1 look for further upside with 21.3 & 21.5 as targets.
Comment: As long as the resistance at 21.1 is not surpassed, the risk of the break below 20.8 remains high.
Supports and resistances:
R3…21.5
R2…21.3
R1…21.1
20.987 Last
S1…20.8
S2…20.5
S3…20.1
EUR/USD Intraday: key resistance at 1.3615.
Pivot: 1.3615
Our preference: Short positions below 1.3615 with targets @ 1.3575 & 1.355 in extension.
Alternative scenario: Above 1.3615 look for further upside with 1.364 & 1.3675 as targets.
Comment: As long as the resistance at 1.3615 is not surpassed, the risk of the break below 1.3575 remains high. The pair is currently drawing a flat consolidation in a 1.3615-1.3575 trading range area.
Supports and resistances:
R3…1.3675
R2…1.364
R1…1.3615
1.3604 Last
S1…1.3575
S2…1.355
S3…1.3535
Copyright 1999 - 2014 TRADING CENTRAL
https://www.exness.com/a/605472
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Forex Technical Analysis : EUR/USD Gold & Silver Spot 08/07/2557
Pivot: 1321
Our preference: Short positions below 1321 with targets @ 1309 & 1304 in extension.
Alternative scenario: Above 1321 look for further upside with 1333 & 1350 as targets.
Comment: As long as the resistance at 1321 is not surpassed, the risk of the break below 1309 remains high.
Supports and resistances:
R3…1350
R2…1333
R1…1321
1317.54 Last
S1…1309
S2…1304
S3…1298
Silver spot Intraday: caution.
Pivot: 21.1
Our preference: Short positions below 21.1 with targets @ 20.8 & 20.5 in extension.
Alternative scenario: Above 21.1 look for further upside with 21.3 & 21.5 as targets.
Comment: As long as the resistance at 21.1 is not surpassed, the risk of the break below 20.8 remains high.
Supports and resistances:
R3…21.5
R2…21.3
R1…21.1
20.987 Last
S1…20.8
S2…20.5
S3…20.1
EUR/USD Intraday: key resistance at 1.3615.
Pivot: 1.3615
Our preference: Short positions below 1.3615 with targets @ 1.3575 & 1.355 in extension.
Alternative scenario: Above 1.3615 look for further upside with 1.364 & 1.3675 as targets.
Comment: As long as the resistance at 1.3615 is not surpassed, the risk of the break below 1.3575 remains high. The pair is currently drawing a flat consolidation in a 1.3615-1.3575 trading range area.
Supports and resistances:
R3…1.3675
R2…1.364
R1…1.3615
1.3604 Last
S1…1.3575
S2…1.355
S3…1.3535
Copyright 1999 - 2014 TRADING CENTRAL
https://www.exness.com/a/605472
https://www.facebook.com/groups/forexsuccesshi
http://www.thaiforex24.com