Gold Intraday: intraday support around 2350.00
May 29, 2024 3:01 AM
long positions above 2350.00 with targets at 2370.00 & 2377.00 in extension.
Pivot: 2350.00
Our preference: long positions above 2350.00 with targets at 2370.00 & 2377.00 in extension.
Alternative scenario: below 2350.00 look for further downside with 2344.00 & 2338.00 as targets.
Comment: the break above 2350.00 is a positive signal that has opened a path to 2370.00.
Supports and resistances:
2384.00
2377.00
2370.00
2355.00 Last
2350.00
2344.00
2338.00
Our preference: long positions above 2350.00 with targets at 2370.00 & 2377.00 in extension.
Alternative scenario: below 2350.00 look for further downside with 2344.00 & 2338.00 as targets.
Comment: the break above 2350.00 is a positive signal that has opened a path to 2370.00.
Supports and resistances:
2384.00
2377.00
2370.00
2355.00 Last
2350.00
2344.00
2338.00
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