Gold Intraday: intraday support around 2607.00
Dec 20, 2024 5:02 PM
long positions above 2607.00 with targets at 2649.00 & 2663.00 in extension.
Pivot: 2607.00
Our preference:
long positions above 2607.00 with targets at 2649.00 & 2663.00 in extension.
Alternative scenario:
below 2607.00 look for further downside with 2590.00 & 2582.00 as targets.
Comment:
the RSI is above its neutrality area at 50%.
Supports and resistances:
2678.00
2663.00
2649.00
2624.00 Last
2607.00
2590.00
2582.00
Our preference:
long positions above 2607.00 with targets at 2649.00 & 2663.00 in extension.
Alternative scenario:
below 2607.00 look for further downside with 2590.00 & 2582.00 as targets.
Comment:
the RSI is above its neutrality area at 50%.
Supports and resistances:
2678.00
2663.00
2649.00
2624.00 Last
2607.00
2590.00
2582.00
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