Gold Intraday: towards 2601.00
Nov 20, 2024 8:08 AM
short positions below 2635.00 with targets at 2609.00 & 2601.00 in extension.
Pivot: 2635.00
Our preference:
short positions below 2635.00 with targets at 2609.00 & 2601.00 in extension.
Alternative scenario:
above 2635.00 look for further upside with 2642.00 & 2648.00 as targets.
Comment:
the RSI is bearish and calls for further decline.
Supports and resistances:
2648.00
2642.00
2635.00
2620.54 Last
2609.00
2601.00
2594.00
Our preference:
short positions below 2635.00 with targets at 2609.00 & 2601.00 in extension.
Alternative scenario:
above 2635.00 look for further upside with 2642.00 & 2648.00 as targets.
Comment:
the RSI is bearish and calls for further decline.
Supports and resistances:
2648.00
2642.00
2635.00
2620.54 Last
2609.00
2601.00
2594.00
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