Gold Intraday: choppy
Dec 2, 2024 8:47 PM
short positions below 2651.50 with targets at 2634.00 & 2621.00 in extension.
Pivot: 2651.50
Our preference:
short positions below 2651.50 with targets at 2634.00 & 2621.00 in extension.
Alternative scenario:
above 2651.50 look for further upside with 2666.00 & 2678.00 as targets.
Comment:
as long as 2651.50 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
2678.00
2666.00
2651.50
2641.79 Last
2634.00
2621.00
2580.00
Our preference:
short positions below 2651.50 with targets at 2634.00 & 2621.00 in extension.
Alternative scenario:
above 2651.50 look for further upside with 2666.00 & 2678.00 as targets.
Comment:
as long as 2651.50 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
2678.00
2666.00
2651.50
2641.79 Last
2634.00
2621.00
2580.00
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
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