Gold Intraday: watch 2526.00
Aug 27, 2024 3:39 PM
long positions above 2504.00 with targets at 2526.00 & 2532.00 in extension.
Pivot: 2504.00
Our preference:
long positions above 2504.00 with targets at 2526.00 & 2532.00 in extension.
Alternative scenario:
below 2504.00 look for further downside with 2494.00 & 2487.00 as targets.
Comment:
the next resistances are at 2526.00 and then at 2532.00.
Supports and resistances:
2538.00
2532.00
2526.00
2515.30 Last
2504.00
2494.00
2487.00
Our preference:
long positions above 2504.00 with targets at 2526.00 & 2532.00 in extension.
Alternative scenario:
below 2504.00 look for further downside with 2494.00 & 2487.00 as targets.
Comment:
the next resistances are at 2526.00 and then at 2532.00.
Supports and resistances:
2538.00
2532.00
2526.00
2515.30 Last
2504.00
2494.00
2487.00
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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