Gold Intraday: under pressure
Nov 13, 2024 11:11 PM
short positions below 2594.00 with targets at 2560.00 & 2547.00 in extension.
Pivot: 2594.00
Our preference:
short positions below 2594.00 with targets at 2560.00 & 2547.00 in extension.
Alternative scenario:
above 2594.00 look for further upside with 2606.00 & 2617.00 as targets.
Comment:
the RSI is bearish and calls for further decline.
Supports and resistances:
2617.00
2606.00
2594.00
2572.40 Last
2560.00
2547.00
2526.00
Our preference:
short positions below 2594.00 with targets at 2560.00 & 2547.00 in extension.
Alternative scenario:
above 2594.00 look for further upside with 2606.00 & 2617.00 as targets.
Comment:
the RSI is bearish and calls for further decline.
Supports and resistances:
2617.00
2606.00
2594.00
2572.40 Last
2560.00
2547.00
2526.00
Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
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Gold
3677.810
-11.740
-0.32%
