Gold Intraday: key resistance at 2750.00
Jan 28, 2025 10:42 AM
short positions below 2750.00 with targets at 2729.00 & 2719.00 in extension.
Pivot: 2750.00
Our preference:
short positions below 2750.00 with targets at 2729.00 & 2719.00 in extension.
Alternative scenario:
above 2750.00 look for further upside with 2756.00 & 2764.00 as targets.
Comment:
as long as the resistance at 2750.00 is not surpassed, the risk of the break below 2729.00 remains high.
Supports and resistances:
2764.00
2756.00
2750.00
2744.56 Last
2729.00
2719.00
2712.00
Our preference:
short positions below 2750.00 with targets at 2729.00 & 2719.00 in extension.
Alternative scenario:
above 2750.00 look for further upside with 2756.00 & 2764.00 as targets.
Comment:
as long as the resistance at 2750.00 is not surpassed, the risk of the break below 2729.00 remains high.
Supports and resistances:
2764.00
2756.00
2750.00
2744.56 Last
2729.00
2719.00
2712.00
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