Gold Intraday: bullish bias above 2746.00
Oct 29, 2024 4:08 PM
long positions above 2746.00 with targets at 2780.00 & 2790.00 in extension.
Pivot: 2746.00
Our preference:
long positions above 2746.00 with targets at 2780.00 & 2790.00 in extension.
Alternative scenario:
below 2746.00 look for further downside with 2739.00 & 2729.00 as targets.
Comment:
technically the RSI is above its neutrality area at 50.
Supports and resistances:
2800.00
2790.00
2780.00
2763.20 Last
2746.00
2739.00
2729.00
Our preference:
long positions above 2746.00 with targets at 2780.00 & 2790.00 in extension.
Alternative scenario:
below 2746.00 look for further downside with 2739.00 & 2729.00 as targets.
Comment:
technically the RSI is above its neutrality area at 50.
Supports and resistances:
2800.00
2790.00
2780.00
2763.20 Last
2746.00
2739.00
2729.00
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