Gold Intraday: bullish bias above 2690.00.

Limited Increase
u
1698398372047
XAUUSD+0%
2025-01-20 09:09Source:TC

Pivot: 2690.00

Our preference: long positions above 2690.00 with targets at 2716.00 & 2724.00 in extension.

Alternative scenario: below 2690.00 look for further downside with 2677.00 & 2667.00 as targets.

Comment: the next resistances are at 2716.00 and then at 2724.00.

Supports and resistances:

2734.00

2724.00

2716.00

2705.63 Last

2690.00

2677.00

2667.00

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 01-20-2025 at 09:09 UTC+1

Price reference: 2705.63 last known on 01-20-2025 at 09:09 UTC+1

Investment horizon: INTRADAY

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