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Gold Intraday: under pressure
Jun 25, 2024 2:08 PM
short positions below 2336.00 with targets at 2316.00 & 2306.00 in extension.
Pivot: 2336.00
Our preference: short positions below 2336.00 with targets at 2316.00 & 2306.00 in extension.
Alternative scenario: above 2336.00 look for further upside with 2355.00 & 2368.00 as targets.
Comment: the RSI is below its neutrality area at 50%
Supports and resistances:
2368.00
2355.00
2336.00
2324.80 Last
2316.00
2306.00
2296.00
Our preference: short positions below 2336.00 with targets at 2316.00 & 2306.00 in extension.
Alternative scenario: above 2336.00 look for further upside with 2355.00 & 2368.00 as targets.
Comment: the RSI is below its neutrality area at 50%
Supports and resistances:
2368.00
2355.00
2336.00
2324.80 Last
2316.00
2306.00
2296.00
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Gold
4379.29
1.96
+4.50%