Gold Intraday: intraday support around 2704.00.

Limited Increase
u
1698398372047
XAUUSD+0%
2024-12-11 19:00Source:TC

Pivot: 2704.00

Our preference: long positions above 2704.00 with targets at 2725.00 & 2734.00 in extension.

Alternative scenario: below 2704.00 look for further downside with 2685.00 & 2674.00 as targets.

Comment: the next resistances are at 2725.00 and then at 2734.00.

Supports and resistances:

2742.00

2734.00

2725.00

2717.00 Last

2704.00

2685.00

2674.00

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 12-11-2024 at 19:00 UTC+1

Price reference: 2717.00 last known on 12-11-2024 at 19:00 UTC+1

Investment horizon: INTRADAY

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