Gold Intraday: choppy
Jul 15, 2024 1:46 AM
short positions below 2418.00 with targets at 2400.00 & 2391.00 in extension.
Pivot: 2418.00
Our preference: short positions below 2418.00 with targets at 2400.00 & 2391.00 in extension.
Alternative scenario: above 2418.00 look for further upside with 2424.00 & 2430.00 as targets.
Comment: as long as 2418.00 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
2430.00
2424.00
2418.00
2407.07 Last
2400.00
2391.00
2379.00
Our preference: short positions below 2418.00 with targets at 2400.00 & 2391.00 in extension.
Alternative scenario: above 2418.00 look for further upside with 2424.00 & 2430.00 as targets.
Comment: as long as 2418.00 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
2430.00
2424.00
2418.00
2407.07 Last
2400.00
2391.00
2379.00
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