Gold Intraday: the bias remains bullish
Nov 15, 2024 1:55 AM
long positions above 2550.00 with targets at 2577.00 & 2587.00 in extension.
Pivot: 2550.00
Our preference:
long positions above 2550.00 with targets at 2577.00 & 2587.00 in extension.
Alternative scenario:
below 2550.00 look for further downside with 2537.00 & 2526.00 as targets.
Comment:
the next resistances are at 2577.00 and then at 2587.00.
Supports and resistances:
2601.00
2587.00
2577.00
2563.87 Last
2550.00
2537.00
2526.00
Our preference:
long positions above 2550.00 with targets at 2577.00 & 2587.00 in extension.
Alternative scenario:
below 2550.00 look for further downside with 2537.00 & 2526.00 as targets.
Comment:
the next resistances are at 2577.00 and then at 2587.00.
Supports and resistances:
2601.00
2587.00
2577.00
2563.87 Last
2550.00
2537.00
2526.00
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