Gold Intraday: further advance
Jan 21, 2025 5:55 AM
long positions above 2711.00 with targets at 2734.00 & 2746.00 in extension.

Pivot: 2711.00
Our preference:
long positions above 2711.00 with targets at 2734.00 & 2746.00 in extension.
Alternative scenario:
below 2711.00 look for further downside with 2700.00 & 2690.00 as targets.
Comment:
the RSI shows upside momentum.
Supports and resistances:
2760.00
2746.00
2734.00
2726.00 Last
2711.00
2700.00
2690.00
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