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Gold Intraday: the downside prevails
Jun 18, 2024 11:25 AM
short positions below 2318.00 with targets at 2304.00 & 2295.00 in extension.
Pivot: 2318.00
Our preference: short positions below 2318.00 with targets at 2304.00 & 2295.00 in extension.
Alternative scenario: above 2318.00 look for further upside with 2325.00 & 2335.00 as targets.
Comment: the RSI is bearish and calls for further downside.
Supports and resistances:
2335.00
2325.00
2318.00
2308.11 Last
2304.00
2295.00
2280.00
Our preference: short positions below 2318.00 with targets at 2304.00 & 2295.00 in extension.
Alternative scenario: above 2318.00 look for further upside with 2325.00 & 2335.00 as targets.
Comment: the RSI is bearish and calls for further downside.
Supports and resistances:
2335.00
2325.00
2318.00
2308.11 Last
2304.00
2295.00
2280.00
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Gold
4372.35
-4.9799999999996
-11.40%