Gold Intraday: the upside prevails.

Limited Increase
u
1698398372047
XAUUSD+0%
2024-11-22 13:20Source:TC

Pivot: 2675.00

Our preference: long positions above 2675.00 with targets at 2710.00 & 2725.00 in extension.

Alternative scenario: below 2675.00 look for further downside with 2662.00 & 2652.00 as targets.

Comment: the immediate trend remains up and the momentum is strong.

Supports and resistances:

2740.00

2725.00

2710.00

2699.56 Last

2675.00

2662.00

2652.00

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 11-22-2024 at 13:20 UTC+1

Price reference: 2699.56 last known on 11-22-2024 at 13:20 UTC+1

Investment horizon: INTRADAY

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