Pivot: 1.2895.

Our preference: LONG positions @ 1.291 with targets @ 1.2955 & 1.2995.

Alternative scenario: The downside penetration of 1.2895 will call for a slide towards 1.287 & 1.2835.

Comment: the pair remains on the upside targeting 1.2955, while the RSI maintains a bullish bias lacking downward momentum.

Pivot: 1.5135

Our preference: Short positions below 1.5135 with targets @ 1.507 & 1.5025 in extension.

Alternative scenario: Above 1.5135 look for further upside with 1.518 & 1.522 as targets.

Comment: the immediate trend remains down and the momentum is strong.

Pivot: 0.975

Our preference: Short positions below 0.975 with targets @ 0.9645 & 0.959 in extension.

Alternative scenario: Above 0.975 look for further upside with 0.98 & 0.985 as targets.

Comment: as long as 0.975 is resistance, look for choppy price action with a bearish bias.

Pivot: 1.032

Our preference: Short positions below 1.032 with targets @ 1.024 & 1.021 in extension.

Alternative scenario: Above 1.032 look for further upside with 1.0375 & 1.045 as targets.

Comment: as long as 1.032 is resistance, look for choppy price action with a bearish bias.

Pivot: 95.45

Our preference: LONG positions above 95.45 with 96.7 & 97.35 in sight.

Alternative scenario: The downside penetration of 95.45 will call for 94.7 & 93.5.

Comment: intraday support around 95.45

Pivot: 1359.00

Our preference: LONG positions above 1359 with 1401 & 1419 as next targets.

Alternative scenario: The downside penetration of 1359 will call for 1336 & 1322.

Comment: gold prices are supported by a rising trend line. The RSI is above its neutrality area at 50%. A new test of 1401 seems likely.

Pivot: 15280

Our preference: LONG positions above 15280 with 15420 & 15460 in sight.

Alternative scenario: The downside breakout of 15280 will open the way to 15190 & 15145.

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

Pivot: 1659

Our preference: LONG positions above 1659 with targets @ 1675 & 1679.

Alternative scenario: The downside penetration of 1659 will call for a slide towards 1652 & 1646.

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