Gold Intraday: towards 3280.00
May 27, 2025 6:56 AM
short positions below 3347.00 with targets at 3300.00 & 3280.00 in extension.
Pivot: 3347.00
Our preference:
short positions below 3347.00 with targets at 3300.00 & 3280.00 in extension.
Alternative scenario:
above 3347.00 look for further upside with 3356.00 & 3365.00 as targets.
Comment:
the RSI is bearish and calls for further decline.
Supports and resistances:
3365.00
3356.00
3347.00
3318.94 Last
3300.00
3280.00
3258.00
Our preference:
short positions below 3347.00 with targets at 3300.00 & 3280.00 in extension.
Alternative scenario:
above 3347.00 look for further upside with 3356.00 & 3365.00 as targets.
Comment:
the RSI is bearish and calls for further decline.
Supports and resistances:
3365.00
3356.00
3347.00
3318.94 Last
3300.00
3280.00
3258.00
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