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Gold Intraday: further upside

Jan 24, 2025 12:12 PM
long positions above 2769.00 with targets at 2780.00 & 2792.00 in extension.
image
Pivot: 2769.00
Our preference:
long positions above 2769.00 with targets at 2780.00 & 2792.00 in extension.
Alternative scenario:
below 2769.00 look for further downside with 2759.00 & 2751.00 as targets.
Comment:
the break above 2769.00 is a positive signal that has opened a path to 2780.00.
Supports and resistances:
2800.00
2792.00
2780.00
2777.22 Last
2769.00
2759.00
2751.00
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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