Gold Intraday: further advance
Jan 6, 2025 12:37 PM
long positions above 2635.00 with targets at 2658.00 & 2665.00 in extension.
Pivot: 2635.00
Our preference:
long positions above 2635.00 with targets at 2658.00 & 2665.00 in extension.
Alternative scenario:
below 2635.00 look for further downside with 2624.00 & 2617.00 as targets.
Comment:
the break above 2635.00 is a positive signal that has opened a path to 2658.00.
Supports and resistances:
2675.00
2665.00
2658.00
2645.97 Last
2635.00
2624.00
2617.00
Our preference:
long positions above 2635.00 with targets at 2658.00 & 2665.00 in extension.
Alternative scenario:
below 2635.00 look for further downside with 2624.00 & 2617.00 as targets.
Comment:
the break above 2635.00 is a positive signal that has opened a path to 2658.00.
Supports and resistances:
2675.00
2665.00
2658.00
2645.97 Last
2635.00
2624.00
2617.00
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