Gold Intraday: the upside prevails
Oct 21, 2024 6:45 AM
long positions above 2713.00 with targets at 2735.00 & 2750.00 in extension.

Pivot: 2713.00
Our preference:
long positions above 2713.00 with targets at 2735.00 & 2750.00 in extension.
Alternative scenario:
below 2713.00 look for further downside with 2705.00 & 2696.00 as targets.
Comment:
the RSI has just landed on its neutrality area at 50% and is turning up.
Supports and resistances:
2765.00
2750.00
2735.00
2727.00 Last
2713.00
2705.00
2696.00
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