Gold Intraday: key resistance at 2500.00
Sep 3, 2024 11:18 PM
short positions below 2500.00 with targets at 2481.00 & 2473.00 in extension.
Pivot: 2500.00
Our preference:
short positions below 2500.00 with targets at 2481.00 & 2473.00 in extension.
Alternative scenario:
above 2500.00 look for further upside with 2507.00 & 2515.00 as targets.
Comment:
as long as 2500.00 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
2515.00
2507.00
2500.00
2492.34 Last
2481.00
2473.00
2467.00
Our preference:
short positions below 2500.00 with targets at 2481.00 & 2473.00 in extension.
Alternative scenario:
above 2500.00 look for further upside with 2507.00 & 2515.00 as targets.
Comment:
as long as 2500.00 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
2515.00
2507.00
2500.00
2492.34 Last
2481.00
2473.00
2467.00
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