Gold may rise to 2250.00 - 2300.00
BY Trading Central
|March 11, 2024ST: the upside prevails.
Pivot
2085.00
Our preference
Long positions above 2085.00 with targets at 2250.00 & 2300.00 in extension.
Alternative scenario
Below 2085.00 look for further downside with 2040.00 & 1990.00 as targets.
Comment
The RSI shows upside momentum.
Supports and resistances
2380.00 **
2300.00 ***
2250.00 ***
2183.00 Last
2085.00 ***
2040.00 ***
1990.00 ***
Number of asterisks represents the strength of support and resistance levels.
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