Gold Intraday: watch 3246.00
Apr 28, 2025 7:05 AM
short positions below 3316.00 with targets at 3264.00 & 3246.00 in extension.
Pivot: 3316.00
Our preference:
short positions below 3316.00 with targets at 3264.00 & 3246.00 in extension.
Alternative scenario:
above 3316.00 look for further upside with 3330.00 & 3347.00 as targets.
Comment:
as long as the resistance at 3316.00 is not surpassed, the risk of the break below 3264.00 remains high.
Supports and resistances:
3347.00
3330.00
3316.00
3283.09 Last
3264.00
3246.00
3225.00
Our preference:
short positions below 3316.00 with targets at 3264.00 & 3246.00 in extension.
Alternative scenario:
above 3316.00 look for further upside with 3330.00 & 3347.00 as targets.
Comment:
as long as the resistance at 3316.00 is not surpassed, the risk of the break below 3264.00 remains high.
Supports and resistances:
3347.00
3330.00
3316.00
3283.09 Last
3264.00
3246.00
3225.00
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