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Gold Intraday: the bias remains bullish
Jul 7, 2024 11:49 PM
long positions above 2374.00 with targets at 2393.00 & 2401.00 in extension.
Pivot: 2374.00
Our preference: long positions above 2374.00 with targets at 2393.00 & 2401.00 in extension.
Alternative scenario: below 2374.00 look for further downside with 2364.00 & 2353.00 as targets.
Comment: technically the RSI is above its neutrality area at 50.
Supports and resistances:
2414.00
2401.00
2393.00
2386.00 Last
2374.00
2364.00
2353.00
Our preference: long positions above 2374.00 with targets at 2393.00 & 2401.00 in extension.
Alternative scenario: below 2374.00 look for further downside with 2364.00 & 2353.00 as targets.
Comment: technically the RSI is above its neutrality area at 50.
Supports and resistances:
2414.00
2401.00
2393.00
2386.00 Last
2374.00
2364.00
2353.00
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Gold
4352.71
-24.62
-56.20%