Market Analysis of GOLD on Thursday 17 November 2022

2022-11-17 09:47Source:BtcDana

Gold Intraday: range.

 

Pivot:

1766.00

 

Our preference:

Long positions above 1766.00 with targets at 1786.00 & 1795.00 in extension.

 

Alternative scenario:

Below 1766.00 look for further downside with 1758.00 & 1752.00 as targets.

 

Comment:

Intraday technical indicators lack momentum.

https://asset.onetrader.online/upload/file/1668614400000/1668649678431.png

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