Gold Intraday: key resistance at 2659.00
Sep 27, 2024 8:44 PM
short positions below 2659.00 with targets at 2640.00 & 2630.00 in extension.
Pivot: 2659.00
Our preference:
short positions below 2659.00 with targets at 2640.00 & 2630.00 in extension.
Alternative scenario:
above 2659.00 look for further upside with 2666.00 & 2677.00 as targets.
Comment:
the upward potential is likely to be limited by the resistance at 2659.00.
Supports and resistances:
2677.00
2666.00
2659.00
2653.39 Last
2640.00
2630.00
2615.00
Our preference:
short positions below 2659.00 with targets at 2640.00 & 2630.00 in extension.
Alternative scenario:
above 2659.00 look for further upside with 2666.00 & 2677.00 as targets.
Comment:
the upward potential is likely to be limited by the resistance at 2659.00.
Supports and resistances:
2677.00
2666.00
2659.00
2653.39 Last
2640.00
2630.00
2615.00
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