Gold Intraday: choppy
Feb 9, 2025 11:16 PM
short positions below 2872.00 with targets at 2842.00 & 2834.00 in extension.
Pivot: 2872.00
Our preference:
short positions below 2872.00 with targets at 2842.00 & 2834.00 in extension.
Alternative scenario:
above 2872.00 look for further upside with 2887.00 & 2900.00 as targets.
Comment:
the RSI is bearish and calls for further decline.
Supports and resistances:
2900.00
2887.00
2872.00
2856.17 Last
2842.00
2834.00
2824.00
Our preference:
short positions below 2872.00 with targets at 2842.00 & 2834.00 in extension.
Alternative scenario:
above 2872.00 look for further upside with 2887.00 & 2900.00 as targets.
Comment:
the RSI is bearish and calls for further decline.
Supports and resistances:
2900.00
2887.00
2872.00
2856.17 Last
2842.00
2834.00
2824.00
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