Gold Intraday: key resistance at 2733.00
Nov 6, 2024 10:47 AM
short positions below 2733.00 with targets at 2700.00 & 2693.00 in extension.
Pivot: 2733.00
Our preference:
short positions below 2733.00 with targets at 2700.00 & 2693.00 in extension.
Alternative scenario:
above 2733.00 look for further upside with 2742.00 & 2750.00 as targets.
Comment:
as long as 2733.00 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
2750.00
2742.00
2733.00
2729.02 Last
2700.00
2693.00
2684.00
Our preference:
short positions below 2733.00 with targets at 2700.00 & 2693.00 in extension.
Alternative scenario:
above 2733.00 look for further upside with 2742.00 & 2750.00 as targets.
Comment:
as long as 2733.00 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
2750.00
2742.00
2733.00
2729.02 Last
2700.00
2693.00
2684.00
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