Gold Intraday: further upside.

Limited Increase
u
1698398372047
XAUUSD+0%
2024-11-20 23:14Source:TC

Pivot: 2630.00

Our preference: long positions above 2630.00 with targets at 2664.00 & 2675.00 in extension.

Alternative scenario: below 2630.00 look for further downside with 2618.00 & 2609.00 as targets.

Comment: the RSI shows upside momentum.

Supports and resistances:

2688.00

2675.00

2664.00

2648.94 Last

2630.00

2618.00

2609.00

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 11-20-2024 at 23:14 UTC+1

Price reference: 2648.94 last known on 11-20-2024 at 23:14 UTC+1

Investment horizon: INTRADAY

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