Gold Intraday: bullish bias above 2929.00
Feb 24, 2025 7:53 AM
long positions above 2929.00 with targets at 2955.00 & 2962.00 in extension.
Pivot: 2929.00
Our preference:
long positions above 2929.00 with targets at 2955.00 & 2962.00 in extension.
Alternative scenario:
below 2929.00 look for further downside with 2923.00 & 2916.00 as targets.
Comment:
the RSI is above its neutrality area at 50%.
Supports and resistances:
2968.00
2962.00
2955.00
2943.75 Last
2929.00
2923.00
2916.00
Our preference:
long positions above 2929.00 with targets at 2955.00 & 2962.00 in extension.
Alternative scenario:
below 2929.00 look for further downside with 2923.00 & 2916.00 as targets.
Comment:
the RSI is above its neutrality area at 50%.
Supports and resistances:
2968.00
2962.00
2955.00
2943.75 Last
2929.00
2923.00
2916.00
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Gold
3642.720
9.110
+0.25%
