Gold Intraday: key resistance at 2412.00
Jul 23, 2024 5:02 AM
short positions below 2412.00 with targets at 2384.00 & 2370.00 in extension.
Pivot: 2412.00
Our preference: short positions below 2412.00 with targets at 2384.00 & 2370.00 in extension.
Alternative scenario: above 2412.00 look for further upside with 2425.00 & 2434.00 as targets.
Comment: as long as the resistance at 2412.00 is not surpassed, the risk of the break below 2384.00 remains high.
Supports and resistances:
2434.00
2425.00
2412.00
2398.13 Last
2384.00
2370.00
2353.00
Our preference: short positions below 2412.00 with targets at 2384.00 & 2370.00 in extension.
Alternative scenario: above 2412.00 look for further upside with 2425.00 & 2434.00 as targets.
Comment: as long as the resistance at 2412.00 is not surpassed, the risk of the break below 2384.00 remains high.
Supports and resistances:
2434.00
2425.00
2412.00
2398.13 Last
2384.00
2370.00
2353.00
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Gold
4952.98
142.35999999999967
+295.90%
