Gold Intraday: bullish bias above 2618.00
Nov 19, 2024 11:10 PM
long positions above 2618.00 with targets at 2640.00 & 2652.00 in extension.
Pivot: 2618.00
Our preference:
long positions above 2618.00 with targets at 2640.00 & 2652.00 in extension.
Alternative scenario:
below 2618.00 look for further downside with 2608.00 & 2597.00 as targets.
Comment:
technically the RSI is above its neutrality area at 50.
Supports and resistances:
2670.00
2652.00
2640.00
2632.32 Last
2618.00
2608.00
2597.00
Our preference:
long positions above 2618.00 with targets at 2640.00 & 2652.00 in extension.
Alternative scenario:
below 2618.00 look for further downside with 2608.00 & 2597.00 as targets.
Comment:
technically the RSI is above its neutrality area at 50.
Supports and resistances:
2670.00
2652.00
2640.00
2632.32 Last
2618.00
2608.00
2597.00
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