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Gold Intraday: under pressure
Jul 17, 2024 3:37 PM
short positions below 2483.00 with targets at 2444.00 & 2430.00 in extension.
Pivot: 2483.00
Our preference: short positions below 2483.00 with targets at 2444.00 & 2430.00 in extension.
Alternative scenario: above 2483.00 look for further upside with 2500.00 & 2514.00 as targets.
Comment: the RSI is below its neutrality area at 50%
Supports and resistances:
2514.00
2500.00
2483.00
2465.00 Last
2444.00
2430.00
2420.00
Our preference: short positions below 2483.00 with targets at 2444.00 & 2430.00 in extension.
Alternative scenario: above 2483.00 look for further upside with 2500.00 & 2514.00 as targets.
Comment: the RSI is below its neutrality area at 50%
Supports and resistances:
2514.00
2500.00
2483.00
2465.00 Last
2444.00
2430.00
2420.00
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Gold
4351.98
-25.35
-57.90%