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Gold Intraday: the upside prevails

Nov 22, 2024 12:20 PM
long positions above 2675.00 with targets at 2710.00 & 2725.00 in extension.
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Pivot: 2675.00
Our preference:
long positions above 2675.00 with targets at 2710.00 & 2725.00 in extension.
Alternative scenario:
below 2675.00 look for further downside with 2662.00 & 2652.00 as targets.
Comment:
the immediate trend remains up and the momentum is strong.
Supports and resistances:
2740.00
2725.00
2710.00
2699.56 Last
2675.00
2662.00
2652.00
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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