Gold Intraday: further advance
Jan 2, 2025 10:21 AM
long positions above 2627.00 with targets at 2642.00 & 2651.00 in extension.
Pivot: 2627.00
Our preference:
long positions above 2627.00 with targets at 2642.00 & 2651.00 in extension.
Alternative scenario:
below 2627.00 look for further downside with 2620.00 & 2609.00 as targets.
Comment:
the break above 2627.00 is a positive signal that has opened a path to 2642.00.
Supports and resistances:
2663.00
2651.00
2642.00
2636.58 Last
2627.00
2620.00
2609.00
Our preference:
long positions above 2627.00 with targets at 2642.00 & 2651.00 in extension.
Alternative scenario:
below 2627.00 look for further downside with 2620.00 & 2609.00 as targets.
Comment:
the break above 2627.00 is a positive signal that has opened a path to 2642.00.
Supports and resistances:
2663.00
2651.00
2642.00
2636.58 Last
2627.00
2620.00
2609.00
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