Gold Intraday: intraday support around 2435.00
Aug 2, 2024 1:39 AM
long positions above 2435.00 with targets at 2456.00 & 2462.00 in extension.
Pivot: 2435.00
Our preference: long positions above 2435.00 with targets at 2456.00 & 2462.00 in extension.
Alternative scenario: below 2435.00 look for further downside with 2428.00 & 2421.00 as targets.
Comment: a support base at 2435.00 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
2470.00
2462.00
2456.00
2442.75 Last
2435.00
2428.00
2421.00
Our preference: long positions above 2435.00 with targets at 2456.00 & 2462.00 in extension.
Alternative scenario: below 2435.00 look for further downside with 2428.00 & 2421.00 as targets.
Comment: a support base at 2435.00 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
2470.00
2462.00
2456.00
2442.75 Last
2435.00
2428.00
2421.00
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