Gold Intraday: under pressure
Jan 6, 2025 7:59 AM
short positions below 2641.00 with targets at 2617.00 & 2609.00 in extension.
Pivot: 2641.00
Our preference:
short positions below 2641.00 with targets at 2617.00 & 2609.00 in extension.
Alternative scenario:
above 2641.00 look for further upside with 2650.00 & 2658.00 as targets.
Comment:
the RSI has broken down its 30 level.
Supports and resistances:
2658.00
2650.00
2641.00
2625.80 Last
2617.00
2609.00
2602.00
Our preference:
short positions below 2641.00 with targets at 2617.00 & 2609.00 in extension.
Alternative scenario:
above 2641.00 look for further upside with 2650.00 & 2658.00 as targets.
Comment:
the RSI has broken down its 30 level.
Supports and resistances:
2658.00
2650.00
2641.00
2625.80 Last
2617.00
2609.00
2602.00
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