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Gold Intraday: aim @ 2570.00

Sep 12, 2024 7:56 PM
long positions above 2538.00 with targets at 2570.00 & 2580.00 in extension.
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Pivot: 2538.00
Our preference:
long positions above 2538.00 with targets at 2570.00 & 2580.00 in extension.
Alternative scenario:
below 2538.00 look for further downside with 2527.00 & 2511.00 as targets.
Comment:
the break above 2538.00 is a positive signal that has opened a path to 2570.00.
Supports and resistances:
2590.00
2580.00
2570.00
2557.22 Last
2538.00
2527.00
2511.00
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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