Gold Intraday: choppy.
Pivot: 2418.00
Our preference: short positions below 2418.00 with targets at 2400.00 & 2391.00 in extension.
Alternative scenario: above 2418.00 look for further upside with 2424.00 & 2430.00 as targets.
Comment: as long as 2418.00 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
2430.00
2424.00
2418.00
2407.07 Last
2400.00
2391.00
2379.00
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.
CM Trade Mobile Application
Economics Calendar
More