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Analysis

Gold may rise to 2700.00 - 2770.00

BY Trading Central

|septembrie 25, 2024

ST: look for 2700.00.

Gold may rise to 2700.00 - 2770.00

Pivot

2525.00

Our preference

Long positions above 2525.00 with targets at 2700.00 & 2770.00 in extension.

Alternative scenario

Below 2525.00 look for further downside with 2470.00 & 2365.00 as targets.

Comment

The RSI shows upside momentum.

Supports and resistances

2800.00 **

2770.00 ***

2700.00 ***

2659.90 Last

2525.00 ***

2470.00 ***

2365.00 ***

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

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