XAU 17 Sept View

 Gold Spot Intraday : Key resistance at 1953

Pivot : 1953.00

Most likely scenario : Short positions below 1953.00 with targets 1929.00 and 1919.00 in extension.

Alternative Scenario : Above 1953.00, look for further upside with 1962.00 and 1973.00 as targets.

Comment : The RSI is mixed with bearish bias.

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Please note that due to market volatility, some of the above sight prices may have already been reached and scenarios played out. Trade in your own discretion.