Gold Intraday: key resistance at 2674.00
Dec 16, 2024 12:22 PM
short positions below 2674.00 with targets at 2643.00 & 2635.00 in extension.
Pivot: 2674.00
Our preference:
short positions below 2674.00 with targets at 2643.00 & 2635.00 in extension.
Alternative scenario:
above 2674.00 look for further upside with 2689.00 & 2702.00 as targets.
Comment:
as long as the resistance at 2674.00 is not surpassed, the risk of the break below 2643.00 remains high.
Supports and resistances:
2702.00
2689.00
2674.00
2664.23 Last
2643.00
2635.00
2613.00
Our preference:
short positions below 2674.00 with targets at 2643.00 & 2635.00 in extension.
Alternative scenario:
above 2674.00 look for further upside with 2689.00 & 2702.00 as targets.
Comment:
as long as the resistance at 2674.00 is not surpassed, the risk of the break below 2643.00 remains high.
Supports and resistances:
2702.00
2689.00
2674.00
2664.23 Last
2643.00
2635.00
2613.00
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