Gold Intraday: the downside prevails
Nov 12, 2024 11:06 PM
short positions below 2617.00 with targets at 2582.00 & 2572.00 in extension.

Pivot: 2617.00
Our preference:
short positions below 2617.00 with targets at 2582.00 & 2572.00 in extension.
Alternative scenario:
above 2617.00 look for further upside with 2627.00 & 2636.00 as targets.
Comment:
the RSI advocates for further downside.
Supports and resistances:
2636.00
2627.00
2617.00
2598.18 Last
2582.00
2572.00
2560.00
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