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Gold Intraday: key resistance at 1983.00.
2023-10-24
87
Pivot: 1983.00
Our preference: short positions below 1983.00 with targets at 1970.00 & 1964.00 in extension.
Alternative scenario: above 1983.00 look for further upside with 1990.00 & 1997.00 as targets.
Comment: as long as 1983.00 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
1997.00
1990.00
1983.00
1977.20 Last
1970.00
1964.00
1957.00
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