Gold Intraday: intraday support around 2353.00
May 15, 2024 2:23 PM
long positions above 2353.00 with targets at 2378.00 & 2390.00 in extension.
Pivot: 2353.00
Our preference: long positions above 2353.00 with targets at 2378.00 & 2390.00 in extension.
Alternative scenario: below 2353.00 look for further downside with 2347.00 & 2334.00 as targets.
Comment: the RSI is below its neutrality area at 50% but reversing up.
Supports and resistances:
2400.00
2390.00
2378.00
2360.00 Last
2353.00
2347.00
2334.00
Our preference: long positions above 2353.00 with targets at 2378.00 & 2390.00 in extension.
Alternative scenario: below 2353.00 look for further downside with 2347.00 & 2334.00 as targets.
Comment: the RSI is below its neutrality area at 50% but reversing up.
Supports and resistances:
2400.00
2390.00
2378.00
2360.00 Last
2353.00
2347.00
2334.00
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