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Gold Intraday: consolidation.
2023-12-01
995
Pivot: 2042.00
Our preference: short positions below 2042.00 with targets at 2032.00 & 2025.00 in extension.
Alternative scenario: above 2042.00 look for further upside with 2047.00 & 2052.00 as targets.
Comment: the break below 2042.00 is a negative signal that has opened a path to 2032.00.
Supports and resistances:
2052.00
2047.00
2042.00
2037.69 Last
2032.00
2025.00
2017.00
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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