Gold Intraday: intraday support around 2766.00.
Oct 30, 2024 2:54 PM
long positions above 2766.00 with targets at 2790.00 & 2800.00 in extension.
Pivot: 2766.00
Our preference:
long positions above 2766.00 with targets at 2790.00 & 2800.00 in extension.
Alternative scenario:
below 2766.00 look for further downside with 2757.00 & 2746.00 as targets.
Comment:
the RSI is below its neutrality area at 50% but reversing up.
Supports and resistances:
2808.00
2800.00
2790.00
2777.87 Last
2766.00
2757.00
2746.00
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