Gold Intraday: intraday support around 2425.00
Jul 16, 2024 1:29 PM
long positions above 2425.00 with targets at 2446.00 & 2460.00 in extension.
Pivot: 2425.00
Our preference: long positions above 2425.00 with targets at 2446.00 & 2460.00 in extension.
Alternative scenario: below 2425.00 look for further downside with 2418.00 & 2411.00 as targets.
Comment: the RSI is above its neutrality area at 50%.
Supports and resistances:
2480.00
2460.00
2446.00
2437.30 Last
2425.00
2418.00
2411.00
Our preference: long positions above 2425.00 with targets at 2446.00 & 2460.00 in extension.
Alternative scenario: below 2425.00 look for further downside with 2418.00 & 2411.00 as targets.
Comment: the RSI is above its neutrality area at 50%.
Supports and resistances:
2480.00
2460.00
2446.00
2437.30 Last
2425.00
2418.00
2411.00
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