Gold Intraday: the downside prevails
Jan 31, 2025 9:55 PM
short positions below 2812.00 with targets at 2790.00 & 2780.00 in extension.
Pivot: 2812.00
Our preference:
short positions below 2812.00 with targets at 2790.00 & 2780.00 in extension.
Alternative scenario:
above 2812.00 look for further upside with 2820.00 & 2830.00 as targets.
Comment:
the RSI is below its neutrality area at 50%
Supports and resistances:
2830.00
2820.00
2812.00
2801.00 Last
2790.00
2780.00
2772.00
Our preference:
short positions below 2812.00 with targets at 2790.00 & 2780.00 in extension.
Alternative scenario:
above 2812.00 look for further upside with 2820.00 & 2830.00 as targets.
Comment:
the RSI is below its neutrality area at 50%
Supports and resistances:
2830.00
2820.00
2812.00
2801.00 Last
2790.00
2780.00
2772.00
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%
