Gold Intraday: bullish bias above 2648.00
Oct 1, 2024 11:08 PM
long positions above 2648.00 with targets at 2673.00 & 2685.00 in extension.
Pivot: 2648.00
Our preference:
long positions above 2648.00 with targets at 2673.00 & 2685.00 in extension.
Alternative scenario:
below 2648.00 look for further downside with 2635.00 & 2625.00 as targets.
Comment:
technically the RSI is above its neutrality area at 50.
Supports and resistances:
2700.00
2685.00
2673.00
2661.71 Last
2648.00
2635.00
2625.00
Our preference:
long positions above 2648.00 with targets at 2673.00 & 2685.00 in extension.
Alternative scenario:
below 2648.00 look for further downside with 2635.00 & 2625.00 as targets.
Comment:
technically the RSI is above its neutrality area at 50.
Supports and resistances:
2700.00
2685.00
2673.00
2661.71 Last
2648.00
2635.00
2625.00
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