Gold Intraday: the bias remains bullish.

Limited Increase
u
1698398372047
XAUUSD+0%
2024-12-10 00:08Source:TC

Pivot: 2650.00

Our preference: long positions above 2650.00 with targets at 2668.00 & 2676.00 in extension.

Alternative scenario: below 2650.00 look for further downside with 2643.00 & 2635.00 as targets.

Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Supports and resistances:

2688.00

2676.00

2668.00

2657.56 Last

2650.00

2643.00

2635.00

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 12-10-2024 at 00:08 UTC+1

Price reference: 2657.56 last known on 12-10-2024 at 00:08 UTC+1

Investment horizon: INTRADAY

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