Gold Intraday: key resistance at 2499.00
Aug 23, 2024 4:58 AM
short positions below 2499.00 with targets at 2481.00 & 2470.00 in extension.
Pivot: 2499.00
Our preference:
short positions below 2499.00 with targets at 2481.00 & 2470.00 in extension.
Alternative scenario:
above 2499.00 look for further upside with 2509.00 & 2519.00 as targets.
Comment:
the index currently faces a challenging resistance area at 2499.00.
Supports and resistances:
2519.00
2509.00
2499.00
2493.00 Last
2481.00
2470.00
2460.00
Our preference:
short positions below 2499.00 with targets at 2481.00 & 2470.00 in extension.
Alternative scenario:
above 2499.00 look for further upside with 2509.00 & 2519.00 as targets.
Comment:
the index currently faces a challenging resistance area at 2499.00.
Supports and resistances:
2519.00
2509.00
2499.00
2493.00 Last
2481.00
2470.00
2460.00
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