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Gold Intraday: the downside prevails
Jun 25, 2024 11:44 PM
short positions below 2328.00 with targets at 2306.00 & 2296.00 in extension.
Pivot: 2328.00
Our preference: short positions below 2328.00 with targets at 2306.00 & 2296.00 in extension.
Alternative scenario: above 2328.00 look for further upside with 2336.00 & 2344.00 as targets.
Comment: as long as 2328.00 is resistance, likely decline to 2306.00.
Supports and resistances:
2344.00
2336.00
2328.00
2319.00 Last
2306.00
2296.00
2286.00
Our preference: short positions below 2328.00 with targets at 2306.00 & 2296.00 in extension.
Alternative scenario: above 2328.00 look for further upside with 2336.00 & 2344.00 as targets.
Comment: as long as 2328.00 is resistance, likely decline to 2306.00.
Supports and resistances:
2344.00
2336.00
2328.00
2319.00 Last
2306.00
2296.00
2286.00
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Gold
4378.68
1.3500000000004
+3.10%