Gold ST: watch 2525.00.

High Volatility
1698398372047
XAUUSD+0%
2024-11-20 03:54Source: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 ***

2636.59 Last

2525.00 ***

2450.00 ***

2370.00 ***

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 11-20-2024 at 03:54 UTC+1

Price reference: 2636.59 last known on 11-20-2024 at 03:54 UTC+1

Investment horizon: ST

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