Pivot: 1.2835

Our preference: Long positions above 1.2835 with targets @ 1.293 & 1.2995 in extension.

Alternative scenario: Below 1.2835 look for further downside with 1.279 & 1.2745 as targets.

Comment: the pair stands above its new support and is posting a rebound as the RSI is reversing up.

Pivot: 1.5285

Our preference: Short positions below 1.5285 with targets @ 1.519 & 1.516 in extension.

Alternative scenario: Above 1.5285 look for further upside with 1.533 & 1.538 as targets.

Comment: the pair stands below its resistance and remains under pressure.

Pivot: 0.963

Our preference: Long positions above 0.963 with targets @ 0.9705 & 0.9745 in extension.

Alternative scenario: Below 0.963 look for further downside with 0.959 & 0.9555 as targets.

Comment: the pair is rebounding on its support and should post further advance.

Pivot: 1.0205

Our preference: Long positions above 1.0205 with targets @ 1.027 & 1.03 in extension.

Alternative scenario: Below 1.0205 look for further downside with 1.0175 & 1.015 as targets.

Comment: the break above 1.0205 is a positive signal that has opened a path to 1.027.

Pivot: 94.25

Our preference: LONG positions above 94.25 with 96.2 & 97.1 as next targets.

Alternative scenario: The downside penetration of 94.25 will call for 93.25 & 92.1.

Comment: the RSI is above its neutrality area at 50%.

Pivot: 1397.00

Our preference: SHORT positions below 1397 with 1370 & 1346 as next targets.

Alternative scenario: The upside penetration of 1397 will call for 1407 & 1418.

Comment: gold prices are capped by a negative trend line.

Pivot: 15140

Our preference: LONG positions above 15140 with targets @ 15300 & 15330.

Alternative scenario: The downside penetration of 15140 will call for 15075 & 15000.

Comment: the RSI is supported by a rising trend line.

Pivot: 1643

Our preference: LONG positions above 1643 with targets @ 1660 & 1664.

Alternative scenario: The downside breakout of 1643 will open the way to 1633 & 1626.

Comment: the RSI broke above a bearish trend line.