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Gold Intraday: the bias remains bullish.
2023-12-04
1170
Pivot: 2070.00
Our preference: long positions above 2070.00 with targets at 2103.00 & 2115.00 in extension.
Alternative scenario: below 2070.00 look for further downside with 2050.00 & 2035.00 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
2130.00
2115.00
2103.00
2085.00 Last
2070.00
2050.00
2035.00
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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