Gold Intraday Analysis: Targeting 2536.00 (READ DESCRIPTION)
Gold Intraday Analysis: Targeting 2536.00
Pivot Point:
2501.00
Primary Strategy (Our Preference):
Consider initiating long positions above the key pivot of 2501.00. Upside targets include 2528.00 as the initial level, followed by an extended move towards 2536.00.
Alternative Scenario:
In the event the price drops below 2501.00, anticipate further downside pressure with targets set at 2494.00 and 2485.00.
Technical Outlook:
The RSI indicator suggests further upside momentum, supporting a move towards the 2536.00 level. Traders should monitor the 2501.00 level as a key support for bullish continuation.
Pivot Point:
2501.00
Primary Strategy (Our Preference):
Consider initiating long positions above the key pivot of 2501.00. Upside targets include 2528.00 as the initial level, followed by an extended move towards 2536.00.
Alternative Scenario:
In the event the price drops below 2501.00, anticipate further downside pressure with targets set at 2494.00 and 2485.00.
Technical Outlook:
The RSI indicator suggests further upside momentum, supporting a move towards the 2536.00 level. Traders should monitor the 2501.00 level as a key support for bullish continuation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.