Gold Intraday: the downside prevails
Apr 30, 2025 4:50 AM
short positions below 3329.00 with targets at 3286.00 & 3267.00 in extension.
Pivot: 3329.00
Our preference:
short positions below 3329.00 with targets at 3286.00 & 3267.00 in extension.
Alternative scenario:
above 3329.00 look for further upside with 3341.00 & 3353.00 as targets.
Comment:
the RSI is bearish and calls for further downside.
Supports and resistances:
3353.00
3341.00
3329.00
3302.33 Last
3286.00
3267.00
3243.00
Our preference:
short positions below 3329.00 with targets at 3286.00 & 3267.00 in extension.
Alternative scenario:
above 3329.00 look for further upside with 3341.00 & 3353.00 as targets.
Comment:
the RSI is bearish and calls for further downside.
Supports and resistances:
3353.00
3341.00
3329.00
3302.33 Last
3286.00
3267.00
3243.00
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