Gold Intraday: intraday support around 2593.00.

Limited Increase
u
1698398372047
XAUUSD+0%
2024-11-18 16:22Source:TC

Pivot: 2593.00

Our preference: long positions above 2593.00 with targets at 2627.00 & 2649.00 in extension.

Alternative scenario: below 2593.00 look for further downside with 2577.00 & 2557.00 as targets.

Comment: the RSI is above its neutrality area at 50%.

Supports and resistances:

2675.00

2649.00

2627.00

2608.90 Last

2593.00

2577.00

2557.00

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 11-18-2024 at 16:22 UTC+1

Price reference: 2608.90 last known on 11-18-2024 at 16:22 UTC+1

Investment horizon: INTRADAY

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