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Gold Intraday: continuation of the rebound
Jul 23, 2024 11:08 PM
long positions above 2399.00 with targets at 2419.00 & 2425.00 in extension.
Pivot: 2399.00
Our preference: long positions above 2399.00 with targets at 2419.00 & 2425.00 in extension.
Alternative scenario: below 2399.00 look for further downside with 2392.00 & 2384.00 as targets.
Comment: the RSI advocates for further upside.
Supports and resistances:
2434.00
2425.00
2419.00
2409.33 Last
2399.00
2392.00
2384.00
Our preference: long positions above 2399.00 with targets at 2419.00 & 2425.00 in extension.
Alternative scenario: below 2399.00 look for further downside with 2392.00 & 2384.00 as targets.
Comment: the RSI advocates for further upside.
Supports and resistances:
2434.00
2425.00
2419.00
2409.33 Last
2399.00
2392.00
2384.00
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Gold
4365.72
-11.61
-26.50%