Gold ST: the upside prevails
Our pivot point stands at 925.
Our preference: As long as 925 is not broken down, we favour an upmove with 1000 and then 1033 as next targets.
Alternative scenario: A break below 925 would not invalidate the medium-term bullish configuration, but the index could decline towards its next support at 870.
Comment: The daily technical indicators are bullish but are close to resistances.
Trend: ST rise; MT bullish.
Supports and resistances: