Gold Intraday: 2486.00 expected
Aug 22, 2024 4:57 AM
short positions below 2519.00 with targets at 2486.00 & 2477.00 in extension.
Pivot: 2519.00
Our preference: short positions below 2519.00 with targets at 2486.00 & 2477.00 in extension.
Alternative scenario: above 2519.00 look for further upside with 2531.00 & 2542.00 as targets.
Comment: the RSI is bearish and calls for further decline.
Supports and resistances:
2542.00
2531.00
2519.00
2501.15 Last
2486.00
2477.00
2468.00
Our preference: short positions below 2519.00 with targets at 2486.00 & 2477.00 in extension.
Alternative scenario: above 2519.00 look for further upside with 2531.00 & 2542.00 as targets.
Comment: the RSI is bearish and calls for further decline.
Supports and resistances:
2542.00
2531.00
2519.00
2501.15 Last
2486.00
2477.00
2468.00
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