Gold Intraday: further advance
Jul 3, 2024 4:30 PM
long positions above 2342.00 with targets at 2374.00 & 2387.00 in extension.
Pivot: 2342.00
Our preference: long positions above 2342.00 with targets at 2374.00 & 2387.00 in extension.
Alternative scenario: below 2342.00 look for further downside with 2335.00 & 2327.00 as targets.
Comment: the break above 2342.00 is a positive signal that has opened a path to 2374.00.
Supports and resistances:
2397.00
2387.00
2374.00
2359.07 Last
2342.00
2335.00
2327.00
Our preference: long positions above 2342.00 with targets at 2374.00 & 2387.00 in extension.
Alternative scenario: below 2342.00 look for further downside with 2335.00 & 2327.00 as targets.
Comment: the break above 2342.00 is a positive signal that has opened a path to 2374.00.
Supports and resistances:
2397.00
2387.00
2374.00
2359.07 Last
2342.00
2335.00
2327.00
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