Gold Intraday: further upside
Jan 16, 2025 12:21 PM
long positions above 2697.00 with targets at 2713.00 & 2726.00 in extension.
Pivot: 2697.00
Our preference:
long positions above 2697.00 with targets at 2713.00 & 2726.00 in extension.
Alternative scenario:
below 2697.00 look for further downside with 2690.00 & 2677.00 as targets.
Comment:
the break above 2697.00 is a positive signal that has opened a path to 2713.00.
Supports and resistances:
2750.00
2726.00
2713.00
2707.44 Last
2697.00
2690.00
2677.00
Our preference:
long positions above 2697.00 with targets at 2713.00 & 2726.00 in extension.
Alternative scenario:
below 2697.00 look for further downside with 2690.00 & 2677.00 as targets.
Comment:
the break above 2697.00 is a positive signal that has opened a path to 2713.00.
Supports and resistances:
2750.00
2726.00
2713.00
2707.44 Last
2697.00
2690.00
2677.00
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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