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Gold Intraday: under pressure
Jul 25, 2024 8:46 PM
short positions below 2382.00 with targets at 2340.00 & 2327.00 in extension.
Pivot: 2382.00
Our preference: short positions below 2382.00 with targets at 2340.00 & 2327.00 in extension.
Alternative scenario: above 2382.00 look for further upside with 2396.00 & 2410.00 as targets.
Comment: the RSI is below its neutrality area at 50%
Supports and resistances:
2410.00
2396.00
2382.00
2363.90 Last
2340.00
2327.00
2317.00
Our preference: short positions below 2382.00 with targets at 2340.00 & 2327.00 in extension.
Alternative scenario: above 2382.00 look for further upside with 2396.00 & 2410.00 as targets.
Comment: the RSI is below its neutrality area at 50%
Supports and resistances:
2410.00
2396.00
2382.00
2363.90 Last
2340.00
2327.00
2317.00
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Gold
4362.99
-14.34
-32.80%