Gold Intraday: the upside prevails
Jan 21, 2025 11:16 PM
long positions above 2729.00 with targets at 2752.00 & 2764.00 in extension.
Pivot: 2729.00
Our preference:
long positions above 2729.00 with targets at 2752.00 & 2764.00 in extension.
Alternative scenario:
below 2729.00 look for further downside with 2717.00 & 2703.00 as targets.
Comment:
the RSI is bullish and calls for further upside.
Supports and resistances:
2775.00
2764.00
2752.00
2743.00 Last
2729.00
2717.00
2703.00
Our preference:
long positions above 2729.00 with targets at 2752.00 & 2764.00 in extension.
Alternative scenario:
below 2729.00 look for further downside with 2717.00 & 2703.00 as targets.
Comment:
the RSI is bullish and calls for further upside.
Supports and resistances:
2775.00
2764.00
2752.00
2743.00 Last
2729.00
2717.00
2703.00
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