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Gold Intraday: the downside prevails
Aug 2, 2024 2:42 PM
short positions below 2474.00 with targets at 2430.00 & 2415.00 in extension.
Pivot: 2474.00
Our preference: short positions below 2474.00 with targets at 2430.00 & 2415.00 in extension.
Alternative scenario: above 2474.00 look for further upside with 2490.00 & 2500.00 as targets.
Comment: the RSI is below its neutrality area at 50%
Supports and resistances:
2500.00
2490.00
2474.00
2452.50 Last
2430.00
2415.00
2403.00
Our preference: short positions below 2474.00 with targets at 2430.00 & 2415.00 in extension.
Alternative scenario: above 2474.00 look for further upside with 2490.00 & 2500.00 as targets.
Comment: the RSI is below its neutrality area at 50%
Supports and resistances:
2500.00
2490.00
2474.00
2452.50 Last
2430.00
2415.00
2403.00
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Gold
4350.04
-27.29
-62.30%