Gold Intraday: key resistance at 2617.00.

Limited Decrease
l
1698398372047
XAUUSD+0%
2024-11-13 11:21Source:TC

Pivot: 2617.00

Our preference: short positions below 2617.00 with targets at 2590.00 & 2582.00 in extension.

Alternative scenario: above 2617.00 look for further upside with 2627.00 & 2636.00 as targets.

Comment: as long as 2617.00 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

2636.00

2627.00

2617.00

2607.49 Last

2590.00

2582.00

2572.00

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 11-13-2024 at 11:21 UTC+1

Price reference: 2607.49 last known on 11-13-2024 at 11:21 UTC+1

Investment horizon: INTRADAY

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