Gold Intraday: the downside prevails
Jan 28, 2025 7:56 AM
short positions below 2753.00 with targets at 2729.00 & 2719.00 in extension.
Pivot: 2753.00
Our preference:
short positions below 2753.00 with targets at 2729.00 & 2719.00 in extension.
Alternative scenario:
above 2753.00 look for further upside with 2763.00 & 2772.00 as targets.
Comment:
a break below 2729.00 would trigger a drop towards 2719.00.
Supports and resistances:
2772.00
2763.00
2753.00
2739.19 Last
2729.00
2719.00
2712.00
Our preference:
short positions below 2753.00 with targets at 2729.00 & 2719.00 in extension.
Alternative scenario:
above 2753.00 look for further upside with 2763.00 & 2772.00 as targets.
Comment:
a break below 2729.00 would trigger a drop towards 2719.00.
Supports and resistances:
2772.00
2763.00
2753.00
2739.19 Last
2729.00
2719.00
2712.00
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
3642.720
9.110
+0.25%
