Gold Intraday: further upside
Jan 24, 2025 3:49 PM
long positions above 2769.00 with targets at 2794.00 & 2800.00 in extension.
Pivot: 2769.00
Our preference:
long positions above 2769.00 with targets at 2794.00 & 2800.00 in extension.
Alternative scenario:
below 2769.00 look for further downside with 2762.00 & 2751.00 as targets.
Comment:
the break above 2769.00 is a positive signal that has opened a path to 2794.00.
Supports and resistances:
2808.00
2800.00
2794.00
2783.00 Last
2769.00
2762.00
2751.00
Our preference:
long positions above 2769.00 with targets at 2794.00 & 2800.00 in extension.
Alternative scenario:
below 2769.00 look for further downside with 2762.00 & 2751.00 as targets.
Comment:
the break above 2769.00 is a positive signal that has opened a path to 2794.00.
Supports and resistances:
2808.00
2800.00
2794.00
2783.00 Last
2769.00
2762.00
2751.00
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