Market Analysis of Gold on Wednesday 20 September 2023

2023-09-20 10:09Source:BtcDana

Gold Intraday: intraday support around 1927.00.

 

Pivot:

1927.00

 

Our preference:

Long positions above 1927.00 with targets at 1937.00 & 1942.00 in extension.

 

Alternative scenario:

Below 1927.00 look for further downside with 1921.00 & 1916.00 as targets.

 

Comment:

Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Analyst Views Chart

More