Gold Intraday: intraday support around 2885.00
Feb 12, 2025 10:18 PM
long positions above 2885.00 with targets at 2909.00 & 2923.00 in extension.
Pivot: 2885.00
Our preference:
long positions above 2885.00 with targets at 2909.00 & 2923.00 in extension.
Alternative scenario:
below 2885.00 look for further downside with 2877.00 & 2859.00 as targets.
Comment:
the next resistances are at 2909.00 and then at 2923.00.
Supports and resistances:
2940.00
2923.00
2909.00
2902.30 Last
2885.00
2877.00
2859.00
Our preference:
long positions above 2885.00 with targets at 2909.00 & 2923.00 in extension.
Alternative scenario:
below 2885.00 look for further downside with 2877.00 & 2859.00 as targets.
Comment:
the next resistances are at 2909.00 and then at 2923.00.
Supports and resistances:
2940.00
2923.00
2909.00
2902.30 Last
2885.00
2877.00
2859.00
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