Gold Intraday: intraday support around 2745.00
Jan 23, 2025 3:37 AM
long positions above 2745.00 with targets at 2764.00 & 2775.00 in extension.
Pivot: 2745.00
Our preference:
long positions above 2745.00 with targets at 2764.00 & 2775.00 in extension.
Alternative scenario:
below 2745.00 look for further downside with 2732.00 & 2716.00 as targets.
Comment:
even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
2786.00
2775.00
2764.00
2750.57 Last
2745.00
2732.00
2716.00
Our preference:
long positions above 2745.00 with targets at 2764.00 & 2775.00 in extension.
Alternative scenario:
below 2745.00 look for further downside with 2732.00 & 2716.00 as targets.
Comment:
even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
2786.00
2775.00
2764.00
2750.57 Last
2745.00
2732.00
2716.00
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Gold
3642.720
9.110
+0.25%
