Gold Intraday: further advance
Jul 31, 2024 2:58 PM
long positions above 2412.00 with targets at 2445.00 & 2457.00 in extension.
Pivot: 2412.00
Our preference: long positions above 2412.00 with targets at 2445.00 & 2457.00 in extension.
Alternative scenario: below 2412.00 look for further downside with 2395.00 & 2384.00 as targets.
Comment: the RSI is around its neutrality area at 50%
Supports and resistances:
2470.00
2457.00
2445.00
2422.60 Last
2412.00
2395.00
2384.00
Our preference: long positions above 2412.00 with targets at 2445.00 & 2457.00 in extension.
Alternative scenario: below 2412.00 look for further downside with 2395.00 & 2384.00 as targets.
Comment: the RSI is around its neutrality area at 50%
Supports and resistances:
2470.00
2457.00
2445.00
2422.60 Last
2412.00
2395.00
2384.00
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