Gold Intraday: key resistance at 2647.00
Nov 28, 2024 5:51 AM
short positions below 2647.00 with targets at 2621.00 & 2605.00 in extension.
Pivot: 2647.00
Our preference:
short positions below 2647.00 with targets at 2621.00 & 2605.00 in extension.
Alternative scenario:
above 2647.00 look for further upside with 2658.00 & 2699.00 as targets.
Comment:
as long as the resistance at 2647.00 is not surpassed, the risk of the break below 2621.00 remains high.
Supports and resistances:
2699.00
2658.00
2647.00
2632.00 Last
2621.00
2605.00
2591.00
Our preference:
short positions below 2647.00 with targets at 2621.00 & 2605.00 in extension.
Alternative scenario:
above 2647.00 look for further upside with 2658.00 & 2699.00 as targets.
Comment:
as long as the resistance at 2647.00 is not surpassed, the risk of the break below 2621.00 remains high.
Supports and resistances:
2699.00
2658.00
2647.00
2632.00 Last
2621.00
2605.00
2591.00
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Gold
3696.790
17.740
+0.48%
