Gold Intraday: turning up
Feb 24, 2025 9:11 PM
long positions above 2941.00 with targets at 2964.00 & 2970.00 in extension.
Pivot: 2941.00
Our preference:
long positions above 2941.00 with targets at 2964.00 & 2970.00 in extension.
Alternative scenario:
below 2941.00 look for further downside with 2931.00 & 2924.00 as targets.
Comment:
the RSI is above its neutrality area at 50%.
Supports and resistances:
2977.00
2970.00
2964.00
2951.20 Last
2941.00
2931.00
2924.00
Our preference:
long positions above 2941.00 with targets at 2964.00 & 2970.00 in extension.
Alternative scenario:
below 2941.00 look for further downside with 2931.00 & 2924.00 as targets.
Comment:
the RSI is above its neutrality area at 50%.
Supports and resistances:
2977.00
2970.00
2964.00
2951.20 Last
2941.00
2931.00
2924.00
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