Gold Intraday: intraday support around 2305.00.
May 8, 2024 15:39
Gold (XAU/USD)
24.87+1.03%
long positions above 2305.00 with targets at 2325.00 & 2332.00 in extension.
Pivot: 2305.00
Our preference: long positions above 2305.00 with targets at 2325.00 & 2332.00 in extension.
Alternative scenario: below 2305.00 look for further downside with 2298.00 & 2292.00 as targets.
Comment: the next resistances are at 2325.00 and then at 2332.00.
Supports and resistances:
2338.00
2332.00
2325.00
2317.60 Last
2305.00
2298.00
2292.00
Our preference: long positions above 2305.00 with targets at 2325.00 & 2332.00 in extension.
Alternative scenario: below 2305.00 look for further downside with 2298.00 & 2292.00 as targets.
Comment: the next resistances are at 2325.00 and then at 2332.00.
Supports and resistances:
2338.00
2332.00
2325.00
2317.60 Last
2305.00
2298.00
2292.00
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