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Gold Intraday: supported by a rising trend line.Pivot: 1783.00 | SquaredFinancial

Gold Intraday: supported by a rising trend line.Pivot: 1783.00

Our preference: long positions above 1783.00 with targets at 1800.00 & 1815.00 in extension.

Alternative scenario: below 1783.00 look for further downside with 1770.00 & 1762.00 as targets.

Comment: the RSI is bullish and calls for further upside.

Supports and resistances:
1831.00
1815.00
1800.00
1793.98 Last
1783.00
1770.00
1762.00

https://charts.tradingcentral.com/charts/169_20210817110757.gif