Gold Intraday: further advance
Aug 16, 2024 11:34 AM
long positions above 2458.00 with targets at 2477.00 & 2484.00 in extension.
Pivot: 2458.00
Our preference: long positions above 2458.00 with targets at 2477.00 & 2484.00 in extension.
Alternative scenario: below 2458.00 look for further downside with 2451.00 & 2442.00 as targets.
Comment: the RSI is bullish and calls for further upside.
Supports and resistances:
2500.00
2484.00
2477.00
2468.12 Last
2458.00
2451.00
2442.00
Our preference: long positions above 2458.00 with targets at 2477.00 & 2484.00 in extension.
Alternative scenario: below 2458.00 look for further downside with 2451.00 & 2442.00 as targets.
Comment: the RSI is bullish and calls for further upside.
Supports and resistances:
2500.00
2484.00
2477.00
2468.12 Last
2458.00
2451.00
2442.00
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