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Gold Intraday: the downside prevails.
2023-09-12
400
Pivot: 1918.00
Our preference: short positions below 1918.00 with targets at 1909.00 & 1903.00 in extension.
Alternative scenario: above 1918.00 look for further upside with 1924.00 & 1930.00 as targets.
Comment: the break below 1918.00 is a negative signal that has opened a path to 1909.00.
Supports and resistances:
1930.00
1924.00
1918.00
1913.50 Last
1909.00
1903.00
1897.00
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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