GOLD NY Session Update
Pivot:2395.00
Our preference:
Long positions above 2395.00 with targets at 2416.00 & 2424.00 in extension.
Alternative scenario:
Below 2395.00 look for further downside with 2386.00 & 2379.00 as targets.
Comment:
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Our preference:
Long positions above 2395.00 with targets at 2416.00 & 2424.00 in extension.
Alternative scenario:
Below 2395.00 look for further downside with 2386.00 & 2379.00 as targets.
Comment:
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.