Gold Intraday: key resistance at 2748.00
Oct 28, 2024 10:44 AM
short positions below 2748.00 with targets at 2725.00 & 2717.00 in extension.
Pivot: 2748.00
Our preference:
short positions below 2748.00 with targets at 2725.00 & 2717.00 in extension.
Alternative scenario:
above 2748.00 look for further upside with 2758.00 & 2770.00 as targets.
Comment:
as long as 2748.00 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
2770.00
2758.00
2748.00
2729.59 Last
2725.00
2717.00
2708.00
Our preference:
short positions below 2748.00 with targets at 2725.00 & 2717.00 in extension.
Alternative scenario:
above 2748.00 look for further upside with 2758.00 & 2770.00 as targets.
Comment:
as long as 2748.00 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
2770.00
2758.00
2748.00
2729.59 Last
2725.00
2717.00
2708.00
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Related Instruments
Gold
4507.65
31.6299999999992
+70.70%
