Gold Intraday: rebound
Aug 5, 2024 5:10 AM
long positions above 2433.00 with targets at 2474.00 & 2490.00 in extension.
Pivot: 2433.00
Our preference: long positions above 2433.00 with targets at 2474.00 & 2490.00 in extension.
Alternative scenario: below 2433.00 look for further downside with 2411.00 & 2397.00 as targets.
Comment: the RSI calls for a bounce.
Supports and resistances:
2510.00
2490.00
2474.00
2452.00 Last
2433.00
2411.00
2397.00
Our preference: long positions above 2433.00 with targets at 2474.00 & 2490.00 in extension.
Alternative scenario: below 2433.00 look for further downside with 2411.00 & 2397.00 as targets.
Comment: the RSI calls for a bounce.
Supports and resistances:
2510.00
2490.00
2474.00
2452.00 Last
2433.00
2411.00
2397.00
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Gold
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