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Gold Intraday: further upside
Aug 7, 2024 2:24 PM
long positions above 2378.00 with targets at 2417.00 & 2431.00 in extension.
Pivot: 2378.00
Our preference: long positions above 2378.00 with targets at 2417.00 & 2431.00 in extension.
Alternative scenario: below 2378.00 look for further downside with 2365.00 & 2352.00 as targets.
Comment: the next resistances are at 2417.00 and then at 2431.00.
Supports and resistances:
2455.00
2431.00
2417.00
2399.00 Last
2378.00
2365.00
2352.00
Our preference: long positions above 2378.00 with targets at 2417.00 & 2431.00 in extension.
Alternative scenario: below 2378.00 look for further downside with 2365.00 & 2352.00 as targets.
Comment: the next resistances are at 2417.00 and then at 2431.00.
Supports and resistances:
2455.00
2431.00
2417.00
2399.00 Last
2378.00
2365.00
2352.00
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Gold
4346.17
-31.16
-71.20%