Gold Intraday: choppy
Jun 5, 2024 2:47 AM
short positions below 2337.00 with targets at 2321.00 & 2314.00 in extension.
Pivot: 2337.00
Our preference: short positions below 2337.00 with targets at 2321.00 & 2314.00 in extension.
Alternative scenario: above 2337.00 look for further upside with 2345.00 & 2355.00 as targets.
Comment: as long as 2337.00 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
2355.00
2345.00
2337.00
2331.38 Last
2321.00
2314.00
2306.00
Our preference: short positions below 2337.00 with targets at 2321.00 & 2314.00 in extension.
Alternative scenario: above 2337.00 look for further upside with 2345.00 & 2355.00 as targets.
Comment: as long as 2337.00 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
2355.00
2345.00
2337.00
2331.38 Last
2321.00
2314.00
2306.00
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