Gold Intraday: break of a ST rising trendline support
Jan 13, 2025 12:08 PM
short positions below 2690.00 with targets at 2663.00 & 2655.00 in extension.
Pivot: 2690.00
Our preference:
short positions below 2690.00 with targets at 2663.00 & 2655.00 in extension.
Alternative scenario:
above 2690.00 look for further upside with 2698.00 & 2708.00 as targets.
Comment:
the RSI is bearish and calls for further downside.
Supports and resistances:
2708.00
2698.00
2690.00
2678.15 Last
2663.00
2655.00
2645.00
Our preference:
short positions below 2690.00 with targets at 2663.00 & 2655.00 in extension.
Alternative scenario:
above 2690.00 look for further upside with 2698.00 & 2708.00 as targets.
Comment:
the RSI is bearish and calls for further downside.
Supports and resistances:
2708.00
2698.00
2690.00
2678.15 Last
2663.00
2655.00
2645.00
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