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Gold Intraday: intraday support around 2415.00

May 22, 2024 2:26 AM
long positions above 2415.00 with targets at 2430.00 & 2437.00 in extension.
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Pivot: 2415.00

Our preference: long positions above 2415.00 with targets at 2430.00 & 2437.00 in extension.

Alternative scenario: below 2415.00 look for further downside with 2406.00 & 2395.00 as targets.

Comment: the RSI is around its neutrality area at 50%

Supports and resistances:
2450.00
2437.00
2430.00
2424.00 Last
2415.00
2406.00
2395.00

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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