Gold Intraday: further advance
May 20, 2024 3:55 AM
long positions above 2412.00 with targets at 2440.00 & 2460.00 in extension.
Pivot: 2412.00
Our preference: long positions above 2412.00 with targets at 2440.00 & 2460.00 in extension.
Alternative scenario: below 2412.00 look for further downside with 2395.00 & 2385.00 as targets.
Comment: the next resistances are at 2440.00 and then at 2460.00.
Supports and resistances:
2480.00
2460.00
2440.00
2433.06 Last
2412.00
2395.00
2385.00
Our preference: long positions above 2412.00 with targets at 2440.00 & 2460.00 in extension.
Alternative scenario: below 2412.00 look for further downside with 2395.00 & 2385.00 as targets.
Comment: the next resistances are at 2440.00 and then at 2460.00.
Supports and resistances:
2480.00
2460.00
2440.00
2433.06 Last
2412.00
2395.00
2385.00
Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
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Gold
4952.98
142.35999999999967
+295.90%
