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Gold Intraday: further upside

Nov 29, 2024 5:56 AM
long positions above 2642.00 with targets at 2668.00 & 2688.00 in extension.
image
Pivot: 2642.00
Our preference:
long positions above 2642.00 with targets at 2668.00 & 2688.00 in extension.
Alternative scenario:
below 2642.00 look for further downside with 2634.00 & 2621.00 as targets.
Comment:
the RSI shows upside momentum.
Supports and resistances:
2700.00
2688.00
2668.00
2658.49 Last
2642.00
2634.00
2621.00
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
2626.07
9.64
+0.37%