Gold Intraday: key resistance at 2648.00
Dec 8, 2024 11:38 PM
short positions below 2648.00 with targets at 2624.00 & 2613.00 in extension.
Pivot: 2648.00
Our preference:
short positions below 2648.00 with targets at 2624.00 & 2613.00 in extension.
Alternative scenario:
above 2648.00 look for further upside with 2657.00 & 2666.00 as targets.
Comment:
as long as 2648.00 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
2666.00
2657.00
2648.00
2637.76 Last
2624.00
2613.00
2604.00
Our preference:
short positions below 2648.00 with targets at 2624.00 & 2613.00 in extension.
Alternative scenario:
above 2648.00 look for further upside with 2657.00 & 2666.00 as targets.
Comment:
as long as 2648.00 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
2666.00
2657.00
2648.00
2637.76 Last
2624.00
2613.00
2604.00
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