Gold ST: watch 2525.00.

High Volatility
1698398372047
XAUUSD+0%
2024-11-18 06:38Source:TC

Pivot: 2710.00

Our preference: short positions below 2710.00 with targets at 2525.00 & 2450.00 in extension.

Alternative scenario: above 2710.00 look for further upside with 2790.00 & 2870.00 as targets.

Comment: a break below 2525.00 would trigger a drop towards 2450.00.

Supports and resistances:

2870.00 **

2790.00 ***

2710.00 ***

2592.00 Last

2525.00 ***

2450.00 ***

2370.00 ***

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 11-18-2024 at 06:38 UTC+1

Price reference: 2592.00 last known on 11-18-2024 at 06:38 UTC+1

Investment horizon: ST

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Reference points and analysis views from trading strategies are provided by external providers, and strategy views are only the analyst's personal evaluation and assessment, not considering the investor's investment goals and financial conditions. All strategy views are not investment advice or recommendations, only for reference. Our company also does not guarantee the accuracy of strategy views and is not responsible for any negative results that may arise from trading strategies.

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