Gold Intraday: further advance
Feb 18, 2025 10:37 AM
long positions above 2900.00 with targets at 2922.00 & 2940.00 in extension.
Pivot: 2900.00
Our preference:
long positions above 2900.00 with targets at 2922.00 & 2940.00 in extension.
Alternative scenario:
below 2900.00 look for further downside with 2887.00 & 2877.00 as targets.
Comment:
the break above 2900.00 is a positive signal that has opened a path to 2922.00.
Supports and resistances:
2950.00
2940.00
2922.00
2912.98 Last
2900.00
2887.00
2877.00
Our preference:
long positions above 2900.00 with targets at 2922.00 & 2940.00 in extension.
Alternative scenario:
below 2900.00 look for further downside with 2887.00 & 2877.00 as targets.
Comment:
the break above 2900.00 is a positive signal that has opened a path to 2922.00.
Supports and resistances:
2950.00
2940.00
2922.00
2912.98 Last
2900.00
2887.00
2877.00
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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Gold
3642.720
9.110
+0.25%
