Gold Intraday: intraday support around 2629.00
Nov 28, 2024 11:09 PM
long positions above 2629.00 with targets at 2649.00 & 2658.00 in extension.
Pivot: 2629.00
Our preference:
long positions above 2629.00 with targets at 2649.00 & 2658.00 in extension.
Alternative scenario:
below 2629.00 look for further downside with 2621.00 & 2612.00 as targets.
Comment:
even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
2668.00
2658.00
2649.00
2638.51 Last
2629.00
2621.00
2612.00
Our preference:
long positions above 2629.00 with targets at 2649.00 & 2658.00 in extension.
Alternative scenario:
below 2629.00 look for further downside with 2621.00 & 2612.00 as targets.
Comment:
even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
2668.00
2658.00
2649.00
2638.51 Last
2629.00
2621.00
2612.00
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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