Gold Intraday: key resistance at 2642.00
Dec 5, 2024 11:24 PM
short positions below 2642.00 with targets at 2621.00 & 2612.00 in extension.
Pivot: 2642.00
Our preference:
short positions below 2642.00 with targets at 2621.00 & 2612.00 in extension.
Alternative scenario:
above 2642.00 look for further upside with 2650.00 & 2657.00 as targets.
Comment:
the RSI is mixed with a bearish bias.
Supports and resistances:
2657.00
2650.00
2642.00
2631.00 Last
2621.00
2612.00
2590.00
Our preference:
short positions below 2642.00 with targets at 2621.00 & 2612.00 in extension.
Alternative scenario:
above 2642.00 look for further upside with 2650.00 & 2657.00 as targets.
Comment:
the RSI is mixed with a bearish bias.
Supports and resistances:
2657.00
2650.00
2642.00
2631.00 Last
2621.00
2612.00
2590.00
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