Gold Intraday: continuation of the rebound
Feb 3, 2025 12:29 PM
long positions above 2782.00 with targets at 2817.00 & 2835.00 in extension.
Pivot: 2782.00
Our preference:
long positions above 2782.00 with targets at 2817.00 & 2835.00 in extension.
Alternative scenario:
below 2782.00 look for further downside with 2771.00 & 2760.00 as targets.
Comment:
the RSI is bullish and calls for further advance.
Supports and resistances:
2850.00
2835.00
2817.00
2800.70 Last
2782.00
2771.00
2760.00
Our preference:
long positions above 2782.00 with targets at 2817.00 & 2835.00 in extension.
Alternative scenario:
below 2782.00 look for further downside with 2771.00 & 2760.00 as targets.
Comment:
the RSI is bullish and calls for further advance.
Supports and resistances:
2850.00
2835.00
2817.00
2800.70 Last
2782.00
2771.00
2760.00
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