Gold Intraday: supported by a rising trend line
Jul 16, 2024 11:12 AM
long positions above 2430.00 with targets at 2446.00 & 2460.00 in extension.
Pivot: 2430.00
Our preference: long positions above 2430.00 with targets at 2446.00 & 2460.00 in extension.
Alternative scenario: below 2430.00 look for further downside with 2420.00 & 2411.00 as targets.
Comment: the RSI is bullish and calls for further upside.
Supports and resistances:
2480.00
2460.00
2446.00
2440.02 Last
2430.00
2420.00
2411.00
Our preference: long positions above 2430.00 with targets at 2446.00 & 2460.00 in extension.
Alternative scenario: below 2430.00 look for further downside with 2420.00 & 2411.00 as targets.
Comment: the RSI is bullish and calls for further upside.
Supports and resistances:
2480.00
2460.00
2446.00
2440.02 Last
2430.00
2420.00
2411.00
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%
