Gold Intraday: the downside prevails
Nov 6, 2024 6:41 AM
short positions below 2733.00 with targets at 2700.00 & 2680.00 in extension.

Pivot: 2733.00
Our preference:
short positions below 2733.00 with targets at 2700.00 & 2680.00 in extension.
Alternative scenario:
above 2733.00 look for further upside with 2750.00 & 2759.00 as targets.
Comment:
the RSI shows downside momentum.
Supports and resistances:
2759.00
2750.00
2733.00
2709.00 Last
2700.00
2680.00
2660.00
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