Gold Intraday: key resistance at 2507.00
Sep 2, 2024 11:18 PM
short positions below 2507.00 with targets at 2490.00 & 2483.00 in extension.
Pivot: 2507.00
Our preference:
short positions below 2507.00 with targets at 2490.00 & 2483.00 in extension.
Alternative scenario:
above 2507.00 look for further upside with 2513.00 & 2520.00 as targets.
Comment:
as long as the resistance at 2507.00 is not surpassed, the risk of the break below 2490.00 remains high.
Supports and resistances:
2520.00
2513.00
2507.00
2498.12 Last
2490.00
2483.00
2471.00
Our preference:
short positions below 2507.00 with targets at 2490.00 & 2483.00 in extension.
Alternative scenario:
above 2507.00 look for further upside with 2513.00 & 2520.00 as targets.
Comment:
as long as the resistance at 2507.00 is not surpassed, the risk of the break below 2490.00 remains high.
Supports and resistances:
2520.00
2513.00
2507.00
2498.12 Last
2490.00
2483.00
2471.00
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Gold
5048.35
-30.829999999999927
-60.70%
