Gold Intraday: the downside prevails
Jun 7, 2024 11:27 AM
short positions below 2365.00 with targets at 2329.00 & 2315.00 in extension.
Pivot: 2365.00
Our preference: short positions below 2365.00 with targets at 2329.00 & 2315.00 in extension.
Alternative scenario: above 2365.00 look for further upside with 2379.00 & 2387.00 as targets.
Comment: the RSI is bearish and calls for further downside.
Supports and resistances:
2387.00
2379.00
2365.00
2333.34 Last
2329.00
2315.00
2300.00
Our preference: short positions below 2365.00 with targets at 2329.00 & 2315.00 in extension.
Alternative scenario: above 2365.00 look for further upside with 2379.00 & 2387.00 as targets.
Comment: the RSI is bearish and calls for further downside.
Supports and resistances:
2387.00
2379.00
2365.00
2333.34 Last
2329.00
2315.00
2300.00
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