Gold Intraday: intraday support around 2685.00
Dec 11, 2024 2:18 PM
long positions above 2685.00 with targets at 2704.00 & 2712.00 in extension.
Pivot: 2685.00
Our preference:
long positions above 2685.00 with targets at 2704.00 & 2712.00 in extension.
Alternative scenario:
below 2685.00 look for further downside with 2674.00 & 2662.00 as targets.
Comment:
the next resistances are at 2704.00 and then at 2712.00.
Supports and resistances:
2721.00
2712.00
2704.00
2693.09 Last
2685.00
2674.00
2662.00
Our preference:
long positions above 2685.00 with targets at 2704.00 & 2712.00 in extension.
Alternative scenario:
below 2685.00 look for further downside with 2674.00 & 2662.00 as targets.
Comment:
the next resistances are at 2704.00 and then at 2712.00.
Supports and resistances:
2721.00
2712.00
2704.00
2693.09 Last
2685.00
2674.00
2662.00
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