Gold Intraday: the downside prevails
Jul 8, 2024 9:39 AM
short positions below 2385.00 with targets at 2364.00 & 2353.00 in extension.
Pivot: 2385.00
Our preference: short positions below 2385.00 with targets at 2364.00 & 2353.00 in extension.
Alternative scenario: above 2385.00 look for further upside with 2392.00 & 2401.00 as targets.
Comment: the RSI is bearish and calls for further downside.
Supports and resistances:
2401.00
2392.00
2385.00
2373.49 Last
2364.00
2353.00
2342.00
Our preference: short positions below 2385.00 with targets at 2364.00 & 2353.00 in extension.
Alternative scenario: above 2385.00 look for further upside with 2392.00 & 2401.00 as targets.
Comment: the RSI is bearish and calls for further downside.
Supports and resistances:
2401.00
2392.00
2385.00
2373.49 Last
2364.00
2353.00
2342.00
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