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Gold Short Term: further upside
Aug 20, 2024 7:47 AM
long positions above 2275.00 with targets at 2570.00 & 2650.00 in extension.
Pivot: 2275.00
Our preference: long positions above 2275.00 with targets at 2570.00 & 2650.00 in extension.
Alternative scenario: below 2275.00 look for further downside with 2190.00 & 2070.00 as targets.
Comment: the RSI is bullish and calls for further advance.
Supports and resistances:
2700.00 **
2650.00 ***
2570.00 ***
2513.00 Last
2275.00 ***
2190.00 ***
2070.00 ***
Our preference: long positions above 2275.00 with targets at 2570.00 & 2650.00 in extension.
Alternative scenario: below 2275.00 look for further downside with 2190.00 & 2070.00 as targets.
Comment: the RSI is bullish and calls for further advance.
Supports and resistances:
2700.00 **
2650.00 ***
2570.00 ***
2513.00 Last
2275.00 ***
2190.00 ***
2070.00 ***
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Gold
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