Gold Intraday: the downside prevails
May 28, 2025 11:17 PM
short positions below 3302.00 with targets at 3260.00 & 3245.00 in extension.
Pivot: 3302.00
Our preference:
short positions below 3302.00 with targets at 3260.00 & 3245.00 in extension.
Alternative scenario:
above 3302.00 look for further upside with 3315.00 & 3325.00 as targets.
Comment:
the RSI is bearish and calls for further downside.
Supports and resistances:
3325.00
3315.00
3302.00
3285.00 Last
3260.00
3245.00
3230.00
Our preference:
short positions below 3302.00 with targets at 3260.00 & 3245.00 in extension.
Alternative scenario:
above 3302.00 look for further upside with 3315.00 & 3325.00 as targets.
Comment:
the RSI is bearish and calls for further downside.
Supports and resistances:
3325.00
3315.00
3302.00
3285.00 Last
3260.00
3245.00
3230.00
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