Gold Intraday: under pressure
Nov 12, 2024 5:42 AM
short positions below 2632.00 with targets at 2595.00 & 2580.00 in extension.
Pivot: 2632.00
Our preference:
short positions below 2632.00 with targets at 2595.00 & 2580.00 in extension.
Alternative scenario:
above 2632.00 look for further upside with 2646.00 & 2658.00 as targets.
Comment:
the RSI has broken down its 30 level.
Supports and resistances:
2658.00
2646.00
2632.00
2609.10 Last
2595.00
2580.00
2570.00
Our preference:
short positions below 2632.00 with targets at 2595.00 & 2580.00 in extension.
Alternative scenario:
above 2632.00 look for further upside with 2646.00 & 2658.00 as targets.
Comment:
the RSI has broken down its 30 level.
Supports and resistances:
2658.00
2646.00
2632.00
2609.10 Last
2595.00
2580.00
2570.00
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