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Gold Intraday: key resistance at 2499.00
Aug 23, 2024 3:01 AM
short positions below 2499.00 with targets at 2470.00 & 2460.00 in extension.
Pivot: 2499.00
Our preference:
short positions below 2499.00 with targets at 2470.00 & 2460.00 in extension.
Alternative scenario:
above 2499.00 look for further upside with 2509.00 & 2519.00 as targets.
Comment:
as long as the resistance at 2499.00 is not surpassed, the risk of the break below 2470.00 remains high.
Supports and resistances:
2519.00
2509.00
2499.00
2489.69 Last
2470.00
2460.00
2451.00
Our preference:
short positions below 2499.00 with targets at 2470.00 & 2460.00 in extension.
Alternative scenario:
above 2499.00 look for further upside with 2509.00 & 2519.00 as targets.
Comment:
as long as the resistance at 2499.00 is not surpassed, the risk of the break below 2470.00 remains high.
Supports and resistances:
2519.00
2509.00
2499.00
2489.69 Last
2470.00
2460.00
2451.00
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
4746.77
-18.00999999999931
-37.80%
