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Gold Intraday: bullish bias above 2368.00

Jul 10, 2024 11:40 PM
long positions above 2368.00 with targets at 2379.00 & 2385.00 in extension.
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Pivot: 2368.00
Our preference: long positions above 2368.00 with targets at 2379.00 & 2385.00 in extension.
Alternative scenario: below 2368.00 look for further downside with 2362.00 & 2357.00 as targets.
Comment: the RSI is below its neutrality area at 50% but reversing up.
Supports and resistances:
2392.00
2385.00
2379.00
2372.00 Last
2368.00
2362.00
2357.00
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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