Gold Intraday: key resistance at 2624.00
Oct 10, 2024 7:01 AM
short positions below 2624.00 with targets at 2605.00 & 2595.00 in extension.
Pivot: 2624.00
Our preference:
short positions below 2624.00 with targets at 2605.00 & 2595.00 in extension.
Alternative scenario:
above 2624.00 look for further upside with 2634.00 & 2642.00 as targets.
Comment:
as long as the resistance at 2624.00 is not surpassed, the risk of the break below 2605.00 remains high.
Supports and resistances:
2642.00
2634.00
2624.00
2612.36 Last
2605.00
2595.00
2585.00
Our preference:
short positions below 2624.00 with targets at 2605.00 & 2595.00 in extension.
Alternative scenario:
above 2624.00 look for further upside with 2634.00 & 2642.00 as targets.
Comment:
as long as the resistance at 2624.00 is not surpassed, the risk of the break below 2605.00 remains high.
Supports and resistances:
2642.00
2634.00
2624.00
2612.36 Last
2605.00
2595.00
2585.00
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