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Gold Intraday: intraday support around 1919.00.

2023-09-25
1134

Pivot: 1919.00

Our preference: long positions above 1919.00 with targets at 1929.00 & 1934.00 in extension.

Alternative scenario: below 1919.00 look for further downside with 1913.00 & 1908.00 as targets.

Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Supports and resistances:

1940.00

1934.00

1929.00

1922.30 Last

1919.00

1913.00

1908.00

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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