Gold Intraday: under pressure
May 28, 2025 4:54 AM
short positions below 3315.00 with targets at 3280.00 & 3264.00 in extension.
Pivot: 3315.00
Our preference:
short positions below 3315.00 with targets at 3280.00 & 3264.00 in extension.
Alternative scenario:
above 3315.00 look for further upside with 3323.00 & 3333.00 as targets.
Comment:
the RSI has just struck against its neutrality area at 50% and is reversing down.
Supports and resistances:
3333.00
3323.00
3315.00
3297.12 Last
3280.00
3264.00
3247.00
Our preference:
short positions below 3315.00 with targets at 3280.00 & 3264.00 in extension.
Alternative scenario:
above 3315.00 look for further upside with 3323.00 & 3333.00 as targets.
Comment:
the RSI has just struck against its neutrality area at 50% and is reversing down.
Supports and resistances:
3333.00
3323.00
3315.00
3297.12 Last
3280.00
3264.00
3247.00
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