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Gold Intraday: the downside prevails.

2023-12-04
759

Pivot: 2035.00

Our preference: short positions below 2035.00 with targets at 2007.00 & 1998.00 in extension.

Alternative scenario: above 2035.00 look for further upside with 2047.00 & 2058.00 as targets.

Comment: the RSI has broken down its 30 level.

Supports and resistances:

2058.00

2047.00

2035.00

2021.00 Last

2007.00

1998.00

1990.00

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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