Gold Intraday: under pressure
Aug 14, 2024 3:45 PM
short positions below 2465.00 with targets at 2437.00 & 2424.00 in extension.
Pivot: 2465.00
Our preference: short positions below 2465.00 with targets at 2437.00 & 2424.00 in extension.
Alternative scenario: above 2465.00 look for further upside with 2477.00 & 2488.00 as targets.
Comment: the RSI has broken down its 30 level.
Supports and resistances:
2488.00
2477.00
2465.00
2445.50 Last
2437.00
2424.00
2407.00
Our preference: short positions below 2465.00 with targets at 2437.00 & 2424.00 in extension.
Alternative scenario: above 2465.00 look for further upside with 2477.00 & 2488.00 as targets.
Comment: the RSI has broken down its 30 level.
Supports and resistances:
2488.00
2477.00
2465.00
2445.50 Last
2437.00
2424.00
2407.00
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