Gold Intraday: key resistance at 2389.00
Jul 30, 2024 1:10 AM
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 upward potential is likely to be limited by the resistance at 2389.00.
Supports and resistances:
2415.00
2403.00
2389.00
2383.42 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 upward potential is likely to be limited by the resistance at 2389.00.
Supports and resistances:
2415.00
2403.00
2389.00
2383.42 Last
2368.00
2353.00
2338.00
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