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Gold Intraday: continuation of the rebound
Jul 24, 2024 2:59 AM
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 is mixed to bullish.
Supports and resistances:
2434.00
2425.00
2419.00
2411.88 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 is mixed to bullish.
Supports and resistances:
2434.00
2425.00
2419.00
2411.88 Last
2399.00
2392.00
2384.00
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Gold
4365.76
-11.57
-26.40%