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Gold Intraday: under pressure
Jul 24, 2024 8:08 PM
short positions below 2418.00 with targets at 2394.00 & 2384.00 in extension.
Pivot: 2418.00
Our preference: short positions below 2418.00 with targets at 2394.00 & 2384.00 in extension.
Alternative scenario: above 2418.00 look for further upside with 2432.00 & 2443.00 as targets.
Comment: the RSI is below its neutrality area at 50%
Supports and resistances:
2443.00
2432.00
2418.00
2404.00 Last
2394.00
2384.00
2370.00
Our preference: short positions below 2418.00 with targets at 2394.00 & 2384.00 in extension.
Alternative scenario: above 2418.00 look for further upside with 2432.00 & 2443.00 as targets.
Comment: the RSI is below its neutrality area at 50%
Supports and resistances:
2443.00
2432.00
2418.00
2404.00 Last
2394.00
2384.00
2370.00
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Gold
4355.46
-21.87
-50.00%