Gold Intraday: under pressure
Nov 13, 2024 11:11 PM
short positions below 2594.00 with targets at 2560.00 & 2547.00 in extension.
Pivot: 2594.00
Our preference:
short positions below 2594.00 with targets at 2560.00 & 2547.00 in extension.
Alternative scenario:
above 2594.00 look for further upside with 2606.00 & 2617.00 as targets.
Comment:
the RSI is bearish and calls for further decline.
Supports and resistances:
2617.00
2606.00
2594.00
2572.40 Last
2560.00
2547.00
2526.00
Our preference:
short positions below 2594.00 with targets at 2560.00 & 2547.00 in extension.
Alternative scenario:
above 2594.00 look for further upside with 2606.00 & 2617.00 as targets.
Comment:
the RSI is bearish and calls for further decline.
Supports and resistances:
2617.00
2606.00
2594.00
2572.40 Last
2560.00
2547.00
2526.00
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