Gold Intraday: the downside prevails.

Limited Decrease
l
1698398372047
XAUUSD+0%
2024-12-24 20:10Source:TC

Pivot: 2621.00

Our preference: short positions below 2621.00 with targets at 2608.00 & 2600.00 in extension.

Alternative scenario: above 2621.00 look for further upside with 2633.00 & 2640.00 as targets.

Comment: the upward potential is likely to be limited by the resistance at 2621.00.

Supports and resistances:

2640.00

2633.00

2621.00

2615.94 Last

2608.00

2600.00

2588.00

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 12-24-2024 at 20:10 UTC+1

Price reference: 2615.94 last known on 12-24-2024 at 20:10 UTC+1

Investment horizon: INTRADAY

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