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Gold Intraday: capped by a negative trend line.

2023-09-14
731

Pivot: 1914.00

Our preference: short positions below 1914.00 with targets at 1902.00 & 1898.00 in extension.

Alternative scenario: above 1914.00 look for further upside with 1919.00 & 1924.00 as targets.

Comment: the RSI calls for a new downleg.

Supports and resistances:

1924.00

1919.00

1914.00

1907.00 Last

1902.00

1898.00

1892.00

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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