Gold Intraday: the downside prevails
Dec 13, 2024 4:16 PM
short positions below 2675.00 with targets at 2645.00 & 2635.00 in extension.
Pivot: 2675.00
Our preference:
short positions below 2675.00 with targets at 2645.00 & 2635.00 in extension.
Alternative scenario:
above 2675.00 look for further upside with 2690.00 & 2703.00 as targets.
Comment:
the RSI is below its neutrality area at 50%
Supports and resistances:
2703.00
2690.00
2675.00
2660.00 Last
2645.00
2635.00
2614.00
Our preference:
short positions below 2675.00 with targets at 2645.00 & 2635.00 in extension.
Alternative scenario:
above 2675.00 look for further upside with 2690.00 & 2703.00 as targets.
Comment:
the RSI is below its neutrality area at 50%
Supports and resistances:
2703.00
2690.00
2675.00
2660.00 Last
2645.00
2635.00
2614.00
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