Gold Intraday: under pressure
May 15, 2025 12:53 AM
short positions below 3206.00 with targets at 3155.00 & 3130.00 in extension.
Pivot: 3206.00
Our preference:
short positions below 3206.00 with targets at 3155.00 & 3130.00 in extension.
Alternative scenario:
above 3206.00 look for further upside with 3220.00 & 3242.00 as targets.
Comment:
the RSI is below its neutrality area at 50%
Supports and resistances:
3242.00
3220.00
3206.00
3183.33 Last
3155.00
3130.00
3100.00
Our preference:
short positions below 3206.00 with targets at 3155.00 & 3130.00 in extension.
Alternative scenario:
above 3206.00 look for further upside with 3220.00 & 3242.00 as targets.
Comment:
the RSI is below its neutrality area at 50%
Supports and resistances:
3242.00
3220.00
3206.00
3183.33 Last
3155.00
3130.00
3100.00
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