Gold Intraday: under pressure.

Limited Decrease
l
1698398372047
XAUUSD+0%
2024-11-11 19:50Source:TC

Pivot: 2643.00

Our preference: short positions below 2643.00 with targets at 2605.00 & 2585.00 in extension.

Alternative scenario: above 2643.00 look for further upside with 2661.00 & 2675.00 as targets.

Comment: the RSI has broken down its 30 level.

Supports and resistances:

2675.00

2661.00

2643.00

2617.89 Last

2605.00

2585.00

2570.00

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 11-11-2024 at 19:50 UTC+1

Price reference: 2617.89 last known on 11-11-2024 at 19:50 UTC+1

Investment horizon: INTRADAY

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