Gold Intraday: the downside prevails
Apr 30, 2025 11:12 PM
short positions below 3310.00 with targets at 3260.00 & 3230.00 in extension.
Pivot: 3310.00
Our preference:
short positions below 3310.00 with targets at 3260.00 & 3230.00 in extension.
Alternative scenario:
above 3310.00 look for further upside with 3327.00 & 3341.00 as targets.
Comment:
the RSI is bearish and calls for further decline.
Supports and resistances:
3341.00
3327.00
3310.00
3278.89 Last
3260.00
3230.00
3210.00
Our preference:
short positions below 3310.00 with targets at 3260.00 & 3230.00 in extension.
Alternative scenario:
above 3310.00 look for further upside with 3327.00 & 3341.00 as targets.
Comment:
the RSI is bearish and calls for further decline.
Supports and resistances:
3341.00
3327.00
3310.00
3278.89 Last
3260.00
3230.00
3210.00
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