Gold (CME) (J1) Intraday: key resistance at 1816.00.

Trading Central 2021-02-24 11:41:06

Pivot: 1816.00

Our preference: short positions below 1816.00 with targets at 1795.00 & 1790.00 in extension.

Alternative scenario: above 1816.00 look for further upside with 1825.00 & 1834.00 as targets.

Comment: the RSI is mixed with a bearish bias.

Supports and resistances:

1834.00

1825.00

1816.00

1808.00 Last

1795.00

1790.00

1783.00

Disclaimer
The trading strategy containing reference trading prices and analysis opinions is provided by the third-party provider Trading Central.And the trading strategy is only the personal research and judgment by analysts,which is not a statement of facts.No representation or warranty is given as to the accuracy or completeness of this strategy. Consequently any person acting on it does so entirely at their own risk. TOP1 accepts no responsibility for any use that may be made of these comments and for any consequences that result.

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