Gold Intraday: bullish bias above 2508.00
Aug 29, 2024 11:41 PM
long positions above 2508.00 with targets at 2529.00 & 2538.00 in extension.
Pivot: 2508.00
Our preference:
long positions above 2508.00 with targets at 2529.00 & 2538.00 in extension.
Alternative scenario:
below 2508.00 look for further downside with 2502.00 & 2496.00 as targets.
Comment:
the next resistances are at 2529.00 and then at 2538.00.
Supports and resistances:
2546.00
2538.00
2529.00
2519.82 Last
2508.00
2502.00
2496.00
Our preference:
long positions above 2508.00 with targets at 2529.00 & 2538.00 in extension.
Alternative scenario:
below 2508.00 look for further downside with 2502.00 & 2496.00 as targets.
Comment:
the next resistances are at 2529.00 and then at 2538.00.
Supports and resistances:
2546.00
2538.00
2529.00
2519.82 Last
2508.00
2502.00
2496.00
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