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Gold Intraday: the bias remains bullish.

2023-10-25
781

Pivot: 1965.00

Our preference: long positions above 1965.00 with targets at 1979.00 & 1985.00 in extension.

Alternative scenario: below 1965.00 look for further downside with 1959.00 & 1953.00 as targets.

Comment: technically the RSI is above its neutrality area at 50.

Supports and resistances:

1991.00

1985.00

1979.00

1972.90 Last

1965.00

1959.00

1953.00

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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