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Gold Intraday: the downside prevails
Jul 19, 2024 2:46 PM
short positions below 2420.00 with targets at 2384.00 & 2370.00 in extension.
Pivot: 2420.00
Our preference: short positions below 2420.00 with targets at 2384.00 & 2370.00 in extension.
Alternative scenario: above 2420.00 look for further upside with 2429.00 & 2440.00 as targets.
Comment: the RSI has broken down its 30 level.
Supports and resistances:
2440.00
2429.00
2420.00
2401.54 Last
2384.00
2370.00
2352.00
Our preference: short positions below 2420.00 with targets at 2384.00 & 2370.00 in extension.
Alternative scenario: above 2420.00 look for further upside with 2429.00 & 2440.00 as targets.
Comment: the RSI has broken down its 30 level.
Supports and resistances:
2440.00
2429.00
2420.00
2401.54 Last
2384.00
2370.00
2352.00
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