Gold ST: turning down.

High Volatility
1698398372047
XAUUSD+0%
2024-11-13 06:19Source:TC

Pivot: 2730.00

Our preference: short positions below 2730.00 with targets at 2525.00 & 2450.00 in extension.

Alternative scenario: above 2730.00 look for further upside with 2790.00 & 2870.00 as targets.

Comment: the RSI calls for a new downleg.

Supports and resistances:

2870.00 **

2790.00 ***

2730.00 ***

2606.00 Last

2525.00 ***

2450.00 ***

2370.00 ***

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 11-13-2024 at 06:19 UTC+1

Price reference: 2606.00 last known on 11-13-2024 at 06:19 UTC+1

Investment horizon: ST

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