Gold Intraday: the upside prevails
Feb 3, 2025 2:55 PM
long positions above 2802.00 with targets at 2830.00 & 2845.00 in extension.
Pivot: 2802.00
Our preference:
long positions above 2802.00 with targets at 2830.00 & 2845.00 in extension.
Alternative scenario:
below 2802.00 look for further downside with 2790.00 & 2771.00 as targets.
Comment:
the next resistances are at 2830.00 and then at 2845.00.
Supports and resistances:
2890.00
2845.00
2830.00
2819.39 Last
2802.00
2790.00
2771.00
Our preference:
long positions above 2802.00 with targets at 2830.00 & 2845.00 in extension.
Alternative scenario:
below 2802.00 look for further downside with 2790.00 & 2771.00 as targets.
Comment:
the next resistances are at 2830.00 and then at 2845.00.
Supports and resistances:
2890.00
2845.00
2830.00
2819.39 Last
2802.00
2790.00
2771.00
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