Gold Intraday: key resistance at 2652.00
Jan 6, 2025 3:42 AM
short positions below 2652.00 with targets at 2630.00 & 2622.00 in extension.
Pivot: 2652.00
Our preference:
short positions below 2652.00 with targets at 2630.00 & 2622.00 in extension.
Alternative scenario:
above 2652.00 look for further upside with 2664.00 & 2673.00 as targets.
Comment:
as long as the resistance at 2652.00 is not surpassed, the risk of the break below 2630.00 remains high.
Supports and resistances:
2673.00
2664.00
2652.00
2642.18 Last
2630.00
2622.00
2617.00
Our preference:
short positions below 2652.00 with targets at 2630.00 & 2622.00 in extension.
Alternative scenario:
above 2652.00 look for further upside with 2664.00 & 2673.00 as targets.
Comment:
as long as the resistance at 2652.00 is not surpassed, the risk of the break below 2630.00 remains high.
Supports and resistances:
2673.00
2664.00
2652.00
2642.18 Last
2630.00
2622.00
2617.00
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