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Gold Intraday: choppy
Aug 8, 2024 2:58 AM
short positions below 2399.00 with targets at 2378.00 & 2365.00 in extension.
Pivot: 2399.00
Our preference: short positions below 2399.00 with targets at 2378.00 & 2365.00 in extension.
Alternative scenario: above 2399.00 look for further upside with 2406.00 & 2417.00 as targets.
Comment: a break below 2378.00 would trigger a drop towards 2365.00.
Supports and resistances:
2417.00
2406.00
2399.00
2389.89 Last
2378.00
2365.00
2352.00
Our preference: short positions below 2399.00 with targets at 2378.00 & 2365.00 in extension.
Alternative scenario: above 2399.00 look for further upside with 2406.00 & 2417.00 as targets.
Comment: a break below 2378.00 would trigger a drop towards 2365.00.
Supports and resistances:
2417.00
2406.00
2399.00
2389.89 Last
2378.00
2365.00
2352.00
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Gold
4351.97
-25.36
-57.90%