Gold Intraday: key resistance at 2389.00
Jul 29, 2024 11:52 PM
short positions below 2389.00 with targets at 2368.00 & 2353.00 in extension.
Pivot: 2389.00
Our preference: short positions below 2389.00 with targets at 2368.00 & 2353.00 in extension.
Alternative scenario: above 2389.00 look for further upside with 2403.00 & 2415.00 as targets.
Comment: the upward potential is likely to be limited by the resistance at 2389.00.
Supports and resistances:
2415.00
2403.00
2389.00
2382.00 Last
2368.00
2353.00
2338.00
Our preference: short positions below 2389.00 with targets at 2368.00 & 2353.00 in extension.
Alternative scenario: above 2389.00 look for further upside with 2403.00 & 2415.00 as targets.
Comment: the upward potential is likely to be limited by the resistance at 2389.00.
Supports and resistances:
2415.00
2403.00
2389.00
2382.00 Last
2368.00
2353.00
2338.00
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%
