Gold Intraday: key resistance at 2665.00.

Limited Decrease
l
1698398372047
XAUUSD+0%
2024-12-17 04:39Source:TC

Pivot: 2665.00

Our preference: short positions below 2665.00 with targets at 2643.00 & 2635.00 in extension.

Alternative scenario: above 2665.00 look for further upside with 2674.00 & 2689.00 as targets.

Comment: as long as 2665.00 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

2689.00

2674.00

2665.00

2654.00 Last

2643.00

2635.00

2613.00

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 12-17-2024 at 04:39 UTC+1

Price reference: 2654.00 last known on 12-17-2024 at 04:39 UTC+1

Investment horizon: INTRADAY

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