Gold Intraday: the downside prevails.

Sep 18, 2024 8:31 PM

short positions below 2575.00 with targets at 2535.00 & 2520.00 in extension.

Pivot: 2575.00
Our preference:
short positions below 2575.00 with targets at 2535.00 & 2520.00 in extension.
Alternative scenario:
above 2575.00 look for further upside with 2590.00 & 2600.00 as targets.
Comment:
the RSI is below its neutrality area at 50%
Supports and resistances:
2600.00
2590.00
2575.00
2549.40 Last
2535.00
2520.00
2506.00

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