Gold Intraday: further advance
Oct 21, 2024 2:25 PM
long positions above 2720.00 with targets at 2750.00 & 2765.00 in extension.
Pivot: 2720.00
Our preference:
long positions above 2720.00 with targets at 2750.00 & 2765.00 in extension.
Alternative scenario:
below 2720.00 look for further downside with 2705.00 & 2696.00 as targets.
Comment:
the RSI is around its neutrality area at 50%
Supports and resistances:
2790.00
2765.00
2750.00
2736.00 Last
2720.00
2705.00
2696.00
Our preference:
long positions above 2720.00 with targets at 2750.00 & 2765.00 in extension.
Alternative scenario:
below 2720.00 look for further downside with 2705.00 & 2696.00 as targets.
Comment:
the RSI is around its neutrality area at 50%
Supports and resistances:
2790.00
2765.00
2750.00
2736.00 Last
2720.00
2705.00
2696.00
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