Gold Intraday: further advance
Aug 12, 2024 9:13 AM
long positions above 2429.00 with targets at 2445.00 & 2455.00 in extension.
Pivot: 2429.00
Our preference: long positions above 2429.00 with targets at 2445.00 & 2455.00 in extension.
Alternative scenario: below 2429.00 look for further downside with 2424.00 & 2417.00 as targets.
Comment: the RSI is bullish and calls for further advance.
Supports and resistances:
2475.00
2455.00
2445.00
2439.59 Last
2429.00
2424.00
2417.00
Our preference: long positions above 2429.00 with targets at 2445.00 & 2455.00 in extension.
Alternative scenario: below 2429.00 look for further downside with 2424.00 & 2417.00 as targets.
Comment: the RSI is bullish and calls for further advance.
Supports and resistances:
2475.00
2455.00
2445.00
2439.59 Last
2429.00
2424.00
2417.00
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