Gold Intraday: the upside prevails
Nov 15, 2024 4:16 PM
long positions above 2555.00 with targets at 2587.00 & 2601.00 in extension.
Pivot: 2555.00
Our preference:
long positions above 2555.00 with targets at 2587.00 & 2601.00 in extension.
Alternative scenario:
below 2555.00 look for further downside with 2537.00 & 2527.00 as targets.
Comment:
the RSI is above its neutrality area at 50%.
Supports and resistances:
2617.00
2601.00
2587.00
2572.00 Last
2555.00
2537.00
2527.00
Our preference:
long positions above 2555.00 with targets at 2587.00 & 2601.00 in extension.
Alternative scenario:
below 2555.00 look for further downside with 2537.00 & 2527.00 as targets.
Comment:
the RSI is above its neutrality area at 50%.
Supports and resistances:
2617.00
2601.00
2587.00
2572.00 Last
2555.00
2537.00
2527.00
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