Gold Intraday: bullish bias above 2616.00
Dec 23, 2024 10:16 AM
long positions above 2616.00 with targets at 2639.00 & 2649.00 in extension.
Pivot: 2616.00
Our preference:
long positions above 2616.00 with targets at 2639.00 & 2649.00 in extension.
Alternative scenario:
below 2616.00 look for further downside with 2607.00 & 2590.00 as targets.
Comment:
the break above 2616.00 is a positive signal that has opened a path to 2639.00.
Supports and resistances:
2663.00
2649.00
2639.00
2624.86 Last
2616.00
2607.00
2590.00
Our preference:
long positions above 2616.00 with targets at 2639.00 & 2649.00 in extension.
Alternative scenario:
below 2616.00 look for further downside with 2607.00 & 2590.00 as targets.
Comment:
the break above 2616.00 is a positive signal that has opened a path to 2639.00.
Supports and resistances:
2663.00
2649.00
2639.00
2624.86 Last
2616.00
2607.00
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
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