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Gold Intraday: key resistance at 2389.00.
2024-04-19
700
Pivot: 2389.00
Our preference: short positions below 2389.00 with targets at 2373.00 & 2364.00 in extension.
Alternative scenario: above 2389.00 look for further upside with 2398.00 & 2409.00 as targets.
Comment: as long as 2389.00 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
2409.00
2398.00
2389.00
2380.60 Last
2373.00
2364.00
2354.00
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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