Gold Intraday: bullish bias above 2729.00.

Limited Increase
u
1698398372047
XAUUSD+0%
2025-01-21 18:01Source:TC

Pivot: 2729.00

Our preference: long positions above 2729.00 with targets at 2760.00 & 2775.00 in extension.

Alternative scenario: below 2729.00 look for further downside with 2717.00 & 2703.00 as targets.

Comment: the next resistances are at 2760.00 and then at 2775.00.

Supports and resistances:

2800.00

2775.00

2760.00

2742.40 Last

2729.00

2717.00

2703.00

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 01-21-2025 at 18:01 UTC+1

Price reference: 2742.40 last known on 01-21-2025 at 18:01 UTC+1

Investment horizon: INTRADAY

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