Gold Intraday: under pressure.

Limited Decrease
l
1698398372047
XAUUSD+0%
2024-11-14 00:11Source:TC

Pivot: 2594.00

Our preference: short positions below 2594.00 with targets at 2560.00 & 2547.00 in extension.

Alternative scenario: above 2594.00 look for further upside with 2606.00 & 2617.00 as targets.

Comment: the RSI is bearish and calls for further decline.

Supports and resistances:

2617.00

2606.00

2594.00

2572.40 Last

2560.00

2547.00

2526.00

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 11-14-2024 at 00:11 UTC+1

Price reference: 2572.40 last known on 11-14-2024 at 00:11 UTC+1

Investment horizon: INTRADAY

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