Gold Intraday: under pressure
Sep 30, 2024 5:02 AM
short positions below 2666.00 with targets at 2643.00 & 2638.00 in extension.
Pivot: 2666.00
Our preference:
short positions below 2666.00 with targets at 2643.00 & 2638.00 in extension.
Alternative scenario:
above 2666.00 look for further upside with 2677.00 & 2685.00 as targets.
Comment:
a break below 2643.00 would trigger a drop towards 2638.00.
Supports and resistances:
2685.00
2677.00
2666.00
2654.00 Last
2643.00
2638.00
2630.00
Our preference:
short positions below 2666.00 with targets at 2643.00 & 2638.00 in extension.
Alternative scenario:
above 2666.00 look for further upside with 2677.00 & 2685.00 as targets.
Comment:
a break below 2643.00 would trigger a drop towards 2638.00.
Supports and resistances:
2685.00
2677.00
2666.00
2654.00 Last
2643.00
2638.00
2630.00
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