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Gold intraday: short term rebound towards 2043.50
2023-12-05
1105
Our pivot point stands at 2021.00.
Our preference: short term rebound towards 2043.50.
Alternative scenario: below 2021, expect 2013.50 and 2009.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Gold stands below its 20 and 50 period moving average (respectively at 2038.90 and 2064).
Supports and resistances:
2053.00 **
2048.50 *
2043.50 **
2039.00
2029.65 last
2024.00
2021.00 **
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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