Gold Intraday: choppy
Oct 9, 2024 7:49 PM
short positions below 2628.00 with targets at 2600.00 & 2585.00 in extension.
Pivot: 2628.00
Our preference:
short positions below 2628.00 with targets at 2600.00 & 2585.00 in extension.
Alternative scenario:
above 2628.00 look for further upside with 2653.00 & 2670.00 as targets.
Comment:
as long as 2628.00 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
2670.00
2653.00
2628.00
2607.90 Last
2600.00
2585.00
2569.00
Our preference:
short positions below 2628.00 with targets at 2600.00 & 2585.00 in extension.
Alternative scenario:
above 2628.00 look for further upside with 2653.00 & 2670.00 as targets.
Comment:
as long as 2628.00 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
2670.00
2653.00
2628.00
2607.90 Last
2600.00
2585.00
2569.00
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