Gold Intraday: supported by a rising trend line
Aug 1, 2024 6:18 AM
long positions above 2395.00 with targets at 2482.00 & 2500.00 in extension.
Pivot: 2395.00
Our preference: long positions above 2395.00 with targets at 2482.00 & 2500.00 in extension.
Alternative scenario: below 2395.00 look for further downside with 2375.00 & 2353.00 as targets.
Comment: the next resistances are at 2482.00 and then at 2500.00.
Supports and resistances:
2510.00
2500.00
2482.00
2446.59 Last
2395.00
2375.00
2353.00
Our preference: long positions above 2395.00 with targets at 2482.00 & 2500.00 in extension.
Alternative scenario: below 2395.00 look for further downside with 2375.00 & 2353.00 as targets.
Comment: the next resistances are at 2482.00 and then at 2500.00.
Supports and resistances:
2510.00
2500.00
2482.00
2446.59 Last
2395.00
2375.00
2353.00
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.
Related Instruments
Gold
4952.98
142.35999999999967
+295.90%
