Gold Intraday: bullish bias above 2806.00
Feb 4, 2025 2:25 PM
long positions above 2806.00 with targets at 2854.00 & 2868.00 in extension.
Pivot: 2806.00
Our preference:
long positions above 2806.00 with targets at 2854.00 & 2868.00 in extension.
Alternative scenario:
below 2806.00 look for further downside with 2790.00 & 2771.00 as targets.
Comment:
the next resistances are at 2854.00 and then at 2868.00.
Supports and resistances:
2890.00
2868.00
2854.00
2832.74 Last
2806.00
2790.00
2771.00
Our preference:
long positions above 2806.00 with targets at 2854.00 & 2868.00 in extension.
Alternative scenario:
below 2806.00 look for further downside with 2790.00 & 2771.00 as targets.
Comment:
the next resistances are at 2854.00 and then at 2868.00.
Supports and resistances:
2890.00
2868.00
2854.00
2832.74 Last
2806.00
2790.00
2771.00
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