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Gold Intraday: under pressure
Jul 25, 2024 1:58 PM
short positions below 2384.00 with targets at 2350.00 & 2340.00 in extension.
Pivot: 2384.00
Our preference: short positions below 2384.00 with targets at 2350.00 & 2340.00 in extension.
Alternative scenario: above 2384.00 look for further upside with 2401.00 & 2410.00 as targets.
Comment: the RSI is below its neutrality area at 50%
Supports and resistances:
2410.00
2401.00
2384.00
2364.00 Last
2350.00
2340.00
2327.00
Our preference: short positions below 2384.00 with targets at 2350.00 & 2340.00 in extension.
Alternative scenario: above 2384.00 look for further upside with 2401.00 & 2410.00 as targets.
Comment: the RSI is below its neutrality area at 50%
Supports and resistances:
2410.00
2401.00
2384.00
2364.00 Last
2350.00
2340.00
2327.00
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Gold
4363.01
-14.32
-32.70%