Gold Intraday: key resistance at 3345.00
May 8, 2025 11:10 PM
short positions below 3345.00 with targets at 3288.00 & 3272.00 in extension.
Pivot: 3345.00
Our preference:
short positions below 3345.00 with targets at 3288.00 & 3272.00 in extension.
Alternative scenario:
above 3345.00 look for further upside with 3368.00 & 3392.00 as targets.
Comment:
as long as the resistance at 3345.00 is not surpassed, the risk of the break below 3288.00 remains high.
Supports and resistances:
3392.00
3368.00
3345.00
3323.00 Last
3288.00
3272.00
3252.00
Our preference:
short positions below 3345.00 with targets at 3288.00 & 3272.00 in extension.
Alternative scenario:
above 3345.00 look for further upside with 3368.00 & 3392.00 as targets.
Comment:
as long as the resistance at 3345.00 is not surpassed, the risk of the break below 3288.00 remains high.
Supports and resistances:
3392.00
3368.00
3345.00
3323.00 Last
3288.00
3272.00
3252.00
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