Gold Intraday: the downside prevails.

Limited Decrease
l
1698398372047
XAUUSD+0%
2024-12-20 07:11Source:TC

Pivot: 2605.00

Our preference: short positions below 2605.00 with targets at 2584.00 & 2576.00 in extension.

Alternative scenario: above 2605.00 look for further upside with 2615.00 & 2626.00 as targets.

Comment: the RSI is mixed with a bearish bias.

Supports and resistances:

2626.00

2615.00

2605.00

2600.41 Last

2584.00

2576.00

2557.00

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 12-20-2024 at 07:11 UTC+1

Price reference: 2600.41 last known on 12-20-2024 at 07:11 UTC+1

Investment horizon: INTRADAY

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