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Gold Intraday: turning up
Aug 9, 2024 2:34 PM
long positions above 2417.00 with targets at 2435.00 & 2445.00 in extension.
Pivot: 2417.00
Our preference: long positions above 2417.00 with targets at 2435.00 & 2445.00 in extension.
Alternative scenario: below 2417.00 look for further downside with 2408.00 & 2402.00 as targets.
Comment: the RSI is above its neutrality area at 50%.
Supports and resistances:
2455.00
2445.00
2435.00
2430.00 Last
2417.00
2408.00
2402.00
Our preference: long positions above 2417.00 with targets at 2435.00 & 2445.00 in extension.
Alternative scenario: below 2417.00 look for further downside with 2408.00 & 2402.00 as targets.
Comment: the RSI is above its neutrality area at 50%.
Supports and resistances:
2455.00
2445.00
2435.00
2430.00 Last
2417.00
2408.00
2402.00
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Gold
4341.2
-36.13
-82.50%