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Gold Intraday: further upside
Aug 9, 2024 3:02 AM
long positions above 2412.00 with targets at 2435.00 & 2445.00 in extension.
Pivot: 2412.00
Our preference: long positions above 2412.00 with targets at 2435.00 & 2445.00 in extension.
Alternative scenario: below 2412.00 look for further downside with 2402.00 & 2393.00 as targets.
Comment: the RSI is mixed with a bullish bias.
Supports and resistances:
2458.00
2445.00
2435.00
2425.62 Last
2412.00
2402.00
2393.00
Our preference: long positions above 2412.00 with targets at 2435.00 & 2445.00 in extension.
Alternative scenario: below 2412.00 look for further downside with 2402.00 & 2393.00 as targets.
Comment: the RSI is mixed with a bullish bias.
Supports and resistances:
2458.00
2445.00
2435.00
2425.62 Last
2412.00
2402.00
2393.00
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Gold
4341.2
-36.13
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