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Gold Intraday: the downside prevails
Jul 19, 2024 3:05 AM
short positions below 2440.00 with targets at 2411.00 & 2400.00 in extension.
Pivot: 2440.00
Our preference: short positions below 2440.00 with targets at 2411.00 & 2400.00 in extension.
Alternative scenario: above 2440.00 look for further upside with 2451.00 & 2463.00 as targets.
Comment: the RSI is mixed to bearish.
Supports and resistances:
2463.00
2451.00
2440.00
2427.00 Last
2411.00
2400.00
2392.00
Our preference: short positions below 2440.00 with targets at 2411.00 & 2400.00 in extension.
Alternative scenario: above 2440.00 look for further upside with 2451.00 & 2463.00 as targets.
Comment: the RSI is mixed to bearish.
Supports and resistances:
2463.00
2451.00
2440.00
2427.00 Last
2411.00
2400.00
2392.00
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