Gold Intraday: the bias remains bullish
May 2, 2025 1:35 AM
long positions above 3215.00 with targets at 3255.00 & 3270.00 in extension.
Pivot: 3215.00
Our preference:
long positions above 3215.00 with targets at 3255.00 & 3270.00 in extension.
Alternative scenario:
below 3215.00 look for further downside with 3201.00 & 3190.00 as targets.
Comment:
technically the RSI is above its neutrality area at 50.
Supports and resistances:
3290.00
3270.00
3255.00
3233.96 Last
3215.00
3201.00
3190.00
Our preference:
long positions above 3215.00 with targets at 3255.00 & 3270.00 in extension.
Alternative scenario:
below 3215.00 look for further downside with 3201.00 & 3190.00 as targets.
Comment:
technically the RSI is above its neutrality area at 50.
Supports and resistances:
3290.00
3270.00
3255.00
3233.96 Last
3215.00
3201.00
3190.00
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