Gold Intraday: the downside prevails.

Limited Decrease
l
1698398372047
XAUUSD+0%
2024-12-17 11:28Source:TC

Pivot: 2658.00

Our preference: short positions below 2658.00 with targets at 2627.00 & 2613.00 in extension.

Alternative scenario: above 2658.00 look for further upside with 2665.00 & 2672.00 as targets.

Comment: the RSI is bearish and calls for further downside.

Supports and resistances:

2672.00

2665.00

2658.00

2639.89 Last

2627.00

2613.00

2595.00

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 12-17-2024 at 11:28 UTC+1

Price reference: 2639.89 last known on 12-17-2024 at 11:28 UTC+1

Investment horizon: INTRADAY

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