Gold Intraday: further advance

Feb 20, 2025 10:29 AM

long positions above 2939.00 with targets at 2965.00 & 2975.00 in extension.

Pivot: 2939.00
Our preference:
long positions above 2939.00 with targets at 2965.00 & 2975.00 in extension.
Alternative scenario:
below 2939.00 look for further downside with 2930.00 & 2918.00 as targets.
Comment:
the RSI advocates for further advance.
Supports and resistances:
2990.00
2975.00
2965.00
2950.50 Last
2939.00
2930.00
2918.00

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