Gold Intraday: under pressure
Dec 6, 2024 1:41 AM
short positions below 2634.00 with targets at 2612.00 & 2600.00 in extension.
Pivot: 2634.00
Our preference:
short positions below 2634.00 with targets at 2612.00 & 2600.00 in extension.
Alternative scenario:
above 2634.00 look for further upside with 2642.00 & 2650.00 as targets.
Comment:
the RSI is bearish and calls for further downside.
Supports and resistances:
2650.00
2642.00
2634.00
2618.00 Last
2612.00
2600.00
2590.00
Our preference:
short positions below 2634.00 with targets at 2612.00 & 2600.00 in extension.
Alternative scenario:
above 2634.00 look for further upside with 2642.00 & 2650.00 as targets.
Comment:
the RSI is bearish and calls for further downside.
Supports and resistances:
2650.00
2642.00
2634.00
2618.00 Last
2612.00
2600.00
2590.00
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
3694.400
15.350
+0.42%
