Gold Intraday: range
Sep 24, 2024 1:09 PM
long positions above 2623.00 with targets at 2640.00 & 2650.00 in extension.
Pivot: 2623.00
Our preference:
long positions above 2623.00 with targets at 2640.00 & 2650.00 in extension.
Alternative scenario:
below 2623.00 look for further downside with 2613.00 & 2605.00 as targets.
Comment:
a support base at 2623.00 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
2658.00
2650.00
2640.00
2630.75 Last
2623.00
2613.00
2605.00
Our preference:
long positions above 2623.00 with targets at 2640.00 & 2650.00 in extension.
Alternative scenario:
below 2623.00 look for further downside with 2613.00 & 2605.00 as targets.
Comment:
a support base at 2623.00 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
2658.00
2650.00
2640.00
2630.75 Last
2623.00
2613.00
2605.00
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