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Gold Intraday: supported by a rising trend line.
2023-09-19
672
Pivot: 1929.00
Our preference: long positions above 1929.00 with targets at 1940.00 & 1946.00 in extension.
Alternative scenario: below 1929.00 look for further downside with 1922.00 & 1916.00 as targets.
Comment: the break above 1929.00 is a positive signal that has opened a path to 1940.00.
Supports and resistances:
1953.00
1946.00
1940.00
1932.20 Last
1929.00
1922.00
1916.00
The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.
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