Gold Intraday: the downside prevails
Jan 31, 2025 9:55 PM
short positions below 2812.00 with targets at 2790.00 & 2780.00 in extension.
Pivot: 2812.00
Our preference:
short positions below 2812.00 with targets at 2790.00 & 2780.00 in extension.
Alternative scenario:
above 2812.00 look for further upside with 2820.00 & 2830.00 as targets.
Comment:
the RSI is below its neutrality area at 50%
Supports and resistances:
2830.00
2820.00
2812.00
2801.00 Last
2790.00
2780.00
2772.00
Our preference:
short positions below 2812.00 with targets at 2790.00 & 2780.00 in extension.
Alternative scenario:
above 2812.00 look for further upside with 2820.00 & 2830.00 as targets.
Comment:
the RSI is below its neutrality area at 50%
Supports and resistances:
2830.00
2820.00
2812.00
2801.00 Last
2790.00
2780.00
2772.00
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