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Gold Intraday: the downside prevails
Jul 29, 2024 4:38 PM
short positions below 2389.00 with targets at 2368.00 & 2353.00 in extension.
Pivot: 2389.00
Our preference: short positions below 2389.00 with targets at 2368.00 & 2353.00 in extension.
Alternative scenario: above 2389.00 look for further upside with 2403.00 & 2415.00 as targets.
Comment: the RSI is below its neutrality area at 50%
Supports and resistances:
2415.00
2403.00
2389.00
2377.60 Last
2368.00
2353.00
2338.00
Our preference: short positions below 2389.00 with targets at 2368.00 & 2353.00 in extension.
Alternative scenario: above 2389.00 look for further upside with 2403.00 & 2415.00 as targets.
Comment: the RSI is below its neutrality area at 50%
Supports and resistances:
2415.00
2403.00
2389.00
2377.60 Last
2368.00
2353.00
2338.00
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Gold
4346.96
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