Gold Intraday: under pressure
Feb 14, 2025 9:04 PM
short positions below 2895.00 with targets at 2872.00 & 2860.00 in extension.
Pivot: 2895.00
Our preference:
short positions below 2895.00 with targets at 2872.00 & 2860.00 in extension.
Alternative scenario:
above 2895.00 look for further upside with 2906.00 & 2922.00 as targets.
Comment:
the RSI has broken down its 30 level.
Supports and resistances:
2922.00
2906.00
2895.00
2880.00 Last
2872.00
2860.00
2850.00
Our preference:
short positions below 2895.00 with targets at 2872.00 & 2860.00 in extension.
Alternative scenario:
above 2895.00 look for further upside with 2906.00 & 2922.00 as targets.
Comment:
the RSI has broken down its 30 level.
Supports and resistances:
2922.00
2906.00
2895.00
2880.00 Last
2872.00
2860.00
2850.00
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