Gold Intraday: the downside prevails.

Limited Decrease
l
1698398372047
XAUUSD+0%
2024-11-14 11:31Source:TC

Pivot: 2565.00

Our preference: short positions below 2565.00 with targets at 2500.00 & 2470.00 in extension.

Alternative scenario: above 2565.00 look for further upside with 2585.00 & 2605.00 as targets.

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

Supports and resistances:

2605.00

2585.00

2565.00

2536.83 Last

2500.00

2470.00

2434.00

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 11-14-2024 at 11:31 UTC+1

Price reference: 2536.83 last known on 11-14-2024 at 11:31 UTC+1

Investment horizon: INTRADAY

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