Gold Intraday: further advance
Jul 31, 2024 3:52 PM
long positions above 2412.00 with targets at 2432.00 & 2445.00 in extension.
Pivot: 2412.00
Our preference: long positions above 2412.00 with targets at 2432.00 & 2445.00 in extension.
Alternative scenario: below 2412.00 look for further downside with 2395.00 & 2384.00 as targets.
Comment: the next resistances are at 2432.00 and then at 2445.00.
Supports and resistances:
2457.00
2445.00
2432.00
2423.48 Last
2412.00
2395.00
2384.00
Our preference: long positions above 2412.00 with targets at 2432.00 & 2445.00 in extension.
Alternative scenario: below 2412.00 look for further downside with 2395.00 & 2384.00 as targets.
Comment: the next resistances are at 2432.00 and then at 2445.00.
Supports and resistances:
2457.00
2445.00
2432.00
2423.48 Last
2412.00
2395.00
2384.00
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