logo
Analysis

Gold may rise to 2480.00 - 2530.00

BY Trading Central

|august 12, 2024

ST: choppy.

 ST: choppy.

Pivot

2350.00

Our preference

Long positions above 2350.00 with targets at 2480.00 & 2530.00 in extension.

Alternative scenario

Below 2350.00 look for further downside with 2280.00 & 2230.00 as targets.

Comment

The RSI lacks momentum.

Supports and resistances

2625.00 **

2530.00 ***

2480.00 ***

2427.31 Last

2350.00 ***

2280.00 ***

2230.00 ***

Number of asterisks represents the strength of support and resistance levels.

© 2024 Trading Central. All Rights Reserved. The information contained herein: (1) is proprietary to Trading Central and/or its content providers; (2) may not be copied or distributed; (3) is not warranted to be accurate, complete or timely; and, (4) does not constitute advice or a recommendation by TIO Markets Ltd, Trading Central or its content providers in respect of the investment in financial instruments. Neither TIO Markets Ltd nor Trading Central nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

Pricing, historical chart data and fundamental company data are provided by Morningstar Research Inc.

Technical Event® is a registered trademark of Trading Central.

Trading Central products and services are protected under U.S. Patent Nos.: 6,801,201; 7,469,226; 7,469,238; 7,835,966; and 7,853,506; and corresponding foreign patents.


Join us on social media

image-8c62214c8e5bec6ef8697de32b3ff7c208099266-900x900-jpg
Trading Central
24/7 Live Chat

undefined