Gold Intraday: choppy
Feb 21, 2025 9:12 PM
short positions below 2942.00 with targets at 2924.00 & 2916.00 in extension.
Pivot: 2942.00
Our preference:
short positions below 2942.00 with targets at 2924.00 & 2916.00 in extension.
Alternative scenario:
above 2942.00 look for further upside with 2948.00 & 2955.00 as targets.
Comment:
the upward potential is likely to be limited by the resistance at 2942.00.
Supports and resistances:
2955.00
2948.00
2942.00
2933.89 Last
2924.00
2916.00
2904.00
Our preference:
short positions below 2942.00 with targets at 2924.00 & 2916.00 in extension.
Alternative scenario:
above 2942.00 look for further upside with 2948.00 & 2955.00 as targets.
Comment:
the upward potential is likely to be limited by the resistance at 2942.00.
Supports and resistances:
2955.00
2948.00
2942.00
2933.89 Last
2924.00
2916.00
2904.00
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%
