Gold Intraday: the downside prevails
Dec 17, 2024 2:28 PM
short positions below 2649.00 with targets at 2627.00 & 2613.00 in extension.
Pivot: 2649.00
Our preference:
short positions below 2649.00 with targets at 2627.00 & 2613.00 in extension.
Alternative scenario:
above 2649.00 look for further upside with 2658.00 & 2665.00 as targets.
Comment:
the RSI is bearish and calls for further downside.
Supports and resistances:
2665.00
2658.00
2649.00
2636.00 Last
2627.00
2613.00
2595.00
Our preference:
short positions below 2649.00 with targets at 2627.00 & 2613.00 in extension.
Alternative scenario:
above 2649.00 look for further upside with 2658.00 & 2665.00 as targets.
Comment:
the RSI is bearish and calls for further downside.
Supports and resistances:
2665.00
2658.00
2649.00
2636.00 Last
2627.00
2613.00
2595.00
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.
Related Instruments
Gold
3678.050
-1.000
-0.03%
