Gold Intraday: under pressure.

Limited Decrease
l
1698398372047
XAUUSD+0%
2024-12-18 22:46Source:TC

Pivot: 2613.00

Our preference: short positions below 2613.00 with targets at 2576.00 & 2557.00 in extension.

Alternative scenario: above 2613.00 look for further upside with 2633.00 & 2651.00 as targets.

Comment: the RSI has broken down its 30 level.

Supports and resistances:

2651.00

2633.00

2613.00

2588.80 Last

2576.00

2557.00

2537.00

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 12-18-2024 at 22:46 UTC+1

Price reference: 2588.80 last known on 12-18-2024 at 22:46 UTC+1

Investment horizon: INTRADAY

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