Gold Intraday: Support Around 2494.00 (read description)
Gold Intraday: Support Around 2494.00
Pivot:
2494.00
Preferred Strategy:
Buy above 2494.00, targeting 2518.00 and 2529.00 on extension.
Alternative Scenario:
If the price falls below 2494.00, expect further downside with targets at 2485.00 and 2479.00.
While some consolidation may continue, its scope is likely to remain limited.
Pivot:
2494.00
Preferred Strategy:
Buy above 2494.00, targeting 2518.00 and 2529.00 on extension.
Alternative Scenario:
If the price falls below 2494.00, expect further downside with targets at 2485.00 and 2479.00.
While some consolidation may continue, its scope is likely to remain limited.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.