Gold Intraday: key resistance at 2658.00
Oct 7, 2024 8:44 PM
short positions below 2658.00 with targets at 2632.00 & 2625.00 in extension.
Pivot: 2658.00
Our preference:
short positions below 2658.00 with targets at 2632.00 & 2625.00 in extension.
Alternative scenario:
above 2658.00 look for further upside with 2664.00 & 2670.00 as targets.
Comment:
the upward potential is likely to be limited by the resistance at 2658.00.
Supports and resistances:
2670.00
2664.00
2658.00
2642.63 Last
2632.00
2625.00
2618.00
Our preference:
short positions below 2658.00 with targets at 2632.00 & 2625.00 in extension.
Alternative scenario:
above 2658.00 look for further upside with 2664.00 & 2670.00 as targets.
Comment:
the upward potential is likely to be limited by the resistance at 2658.00.
Supports and resistances:
2670.00
2664.00
2658.00
2642.63 Last
2632.00
2625.00
2618.00
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