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Gold Intraday: under pressure.

2023-10-26
696

Pivot: 1985.00

Our preference: short positions below 1985.00 with targets at 1969.00 & 1963.00 in extension.

Alternative scenario: above 1985.00 look for further upside with 1993.00 & 2001.00 as targets.

Comment: the immediate trend remains down and the momentum is strong.

Supports and resistances:

2001.00

1993.00

1985.00

1976.00 Last

1969.00

1963.00

1959.00

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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