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Gold Intraday: further upside.

2024-04-16
761

Pivot: 2364.00

Our preference: long positions above 2364.00 with targets at 2400.00 & 2425.00 in extension.

Alternative scenario: below 2364.00 look for further downside with 2347.00 & 2328.00 as targets.

Comment: the break above 2364.00 is a positive signal that has opened a path to 2400.00.

Supports and resistances:

2450.00

2425.00

2400.00

2385.00 Last

2364.00

2347.00

2328.00

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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