Gold Intraday: under pressure
Jul 24, 2024 11:40 PM
short positions below 2410.00 with targets at 2384.00 & 2370.00 in extension.
Pivot: 2410.00
Our preference: short positions below 2410.00 with targets at 2384.00 & 2370.00 in extension.
Alternative scenario: above 2410.00 look for further upside with 2418.00 & 2432.00 as targets.
Comment: the RSI is bearish and calls for further decline.
Supports and resistances:
2432.00
2418.00
2410.00
2399.00 Last
2384.00
2370.00
2360.00
Our preference: short positions below 2410.00 with targets at 2384.00 & 2370.00 in extension.
Alternative scenario: above 2410.00 look for further upside with 2418.00 & 2432.00 as targets.
Comment: the RSI is bearish and calls for further decline.
Supports and resistances:
2432.00
2418.00
2410.00
2399.00 Last
2384.00
2370.00
2360.00
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