Gold Intraday: further upside
Jan 16, 2025 12:21 PM
long positions above 2697.00 with targets at 2713.00 & 2726.00 in extension.
Pivot: 2697.00
Our preference:
long positions above 2697.00 with targets at 2713.00 & 2726.00 in extension.
Alternative scenario:
below 2697.00 look for further downside with 2690.00 & 2677.00 as targets.
Comment:
the break above 2697.00 is a positive signal that has opened a path to 2713.00.
Supports and resistances:
2750.00
2726.00
2713.00
2707.44 Last
2697.00
2690.00
2677.00
Our preference:
long positions above 2697.00 with targets at 2713.00 & 2726.00 in extension.
Alternative scenario:
below 2697.00 look for further downside with 2690.00 & 2677.00 as targets.
Comment:
the break above 2697.00 is a positive signal that has opened a path to 2713.00.
Supports and resistances:
2750.00
2726.00
2713.00
2707.44 Last
2697.00
2690.00
2677.00
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