Gold Intraday: intraday support around 2420.00
Jul 16, 2024 9:39 AM
long positions above 2420.00 with targets at 2446.00 & 2460.00 in extension.
Pivot: 2420.00
Our preference: long positions above 2420.00 with targets at 2446.00 & 2460.00 in extension.
Alternative scenario: below 2420.00 look for further downside with 2411.00 & 2401.00 as targets.
Comment: the break above 2420.00 is a positive signal that has opened a path to 2446.00.
Supports and resistances:
2480.00
2460.00
2446.00
2438.87 Last
2420.00
2411.00
2401.00
Our preference: long positions above 2420.00 with targets at 2446.00 & 2460.00 in extension.
Alternative scenario: below 2420.00 look for further downside with 2411.00 & 2401.00 as targets.
Comment: the break above 2420.00 is a positive signal that has opened a path to 2446.00.
Supports and resistances:
2480.00
2460.00
2446.00
2438.87 Last
2420.00
2411.00
2401.00
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%
