Gold Intraday: key resistance at 2893.00
Feb 28, 2025 1:08 AM
short positions below 2893.00 with targets at 2862.00 & 2850.00 in extension.
Pivot: 2893.00
Our preference:
short positions below 2893.00 with targets at 2862.00 & 2850.00 in extension.
Alternative scenario:
above 2893.00 look for further upside with 2909.00 & 2920.00 as targets.
Comment:
the RSI is below its neutrality area at 50%
Supports and resistances:
2920.00
2909.00
2893.00
2878.84 Last
2862.00
2850.00
2841.00
Our preference:
short positions below 2893.00 with targets at 2862.00 & 2850.00 in extension.
Alternative scenario:
above 2893.00 look for further upside with 2909.00 & 2920.00 as targets.
Comment:
the RSI is below its neutrality area at 50%
Supports and resistances:
2920.00
2909.00
2893.00
2878.84 Last
2862.00
2850.00
2841.00
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