Gold Intraday: key resistance at 2348.00.
Pivot: 2348.00
Our preference: short positions below 2348.00 with targets at 2326.00 & 2319.00 in extension.
Alternative scenario: above 2348.00 look for further upside with 2355.00 & 2364.00 as targets.
Comment: the upward potential is likely to be limited by the resistance at 2348.00.
Supports and resistances:
2364.00
2355.00
2348.00
2339.30 Last
2326.00
2319.00
2305.00
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