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Gold Intraday: bullish bias above 2454.00
Aug 12, 2024 11:37 PM
long positions above 2454.00 with targets at 2485.00 & 2500.00 in extension.
Pivot: 2454.00
Our preference: long positions above 2454.00 with targets at 2485.00 & 2500.00 in extension.
Alternative scenario: below 2454.00 look for further downside with 2445.00 & 2434.00 as targets.
Comment: the next resistances are at 2485.00 and then at 2500.00.
Supports and resistances:
2510.00
2500.00
2485.00
2474.00 Last
2454.00
2445.00
2434.00
Our preference: long positions above 2454.00 with targets at 2485.00 & 2500.00 in extension.
Alternative scenario: below 2454.00 look for further downside with 2445.00 & 2434.00 as targets.
Comment: the next resistances are at 2485.00 and then at 2500.00.
Supports and resistances:
2510.00
2500.00
2485.00
2474.00 Last
2454.00
2445.00
2434.00
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Gold
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