Short XAUUSD @ below 40 levels
preference: short positions below 1243.30 with targets @ 1232.00 & 1226.00 in extension.
Alternative scenario: above 1243.30 look for further upside with 1249.50 & 1255.50 as targets.
Comment: the RSI lacks upward momentum.
Supports and resistances:
1255.50
1249.50
1243.30
1238.01 Last
1232.00
1226.00
1220.00
Alternative scenario: above 1243.30 look for further upside with 1249.50 & 1255.50 as targets.
Comment: the RSI lacks upward momentum.
Supports and resistances:
1255.50
1249.50
1243.30
1238.01 Last
1232.00
1226.00
1220.00
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