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Gold Intraday: intraday support around 2458.00
Aug 13, 2024 11:48 PM
long positions above 2458.00 with targets at 2477.00 & 2490.00 in extension.
Pivot: 2458.00
Our preference: long positions above 2458.00 with targets at 2477.00 & 2490.00 in extension.
Alternative scenario: below 2458.00 look for further downside with 2445.00 & 2434.00 as targets.
Comment: the immediate trend remains up but the momentum is weak.
Supports and resistances:
2500.00
2490.00
2477.00
2464.00 Last
2458.00
2445.00
2434.00
Our preference: long positions above 2458.00 with targets at 2477.00 & 2490.00 in extension.
Alternative scenario: below 2458.00 look for further downside with 2445.00 & 2434.00 as targets.
Comment: the immediate trend remains up but the momentum is weak.
Supports and resistances:
2500.00
2490.00
2477.00
2464.00 Last
2458.00
2445.00
2434.00
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Gold
4346.1
3.3800000000001
+7.80%