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Gold Intraday: intraday support around 2407.00
Aug 8, 2024 8:11 PM
long positions above 2407.00 with targets at 2430.00 & 2445.00 in extension.
Pivot: 2407.00
Our preference: long positions above 2407.00 with targets at 2430.00 & 2445.00 in extension.
Alternative scenario: below 2407.00 look for further downside with 2393.00 & 2380.00 as targets.
Comment: the RSI is above its neutrality area at 50%.
Supports and resistances:
2458.00
2445.00
2430.00
2423.50 Last
2407.00
2393.00
2380.00
Our preference: long positions above 2407.00 with targets at 2430.00 & 2445.00 in extension.
Alternative scenario: below 2407.00 look for further downside with 2393.00 & 2380.00 as targets.
Comment: the RSI is above its neutrality area at 50%.
Supports and resistances:
2458.00
2445.00
2430.00
2423.50 Last
2407.00
2393.00
2380.00
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Gold
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