Gold Intraday: towards 3245.00
May 29, 2025 1:13 AM
short positions below 3294.00 with targets at 3245.00 & 3230.00 in extension.
Pivot: 3294.00
Our preference:
short positions below 3294.00 with targets at 3245.00 & 3230.00 in extension.
Alternative scenario:
above 3294.00 look for further upside with 3315.00 & 3325.00 as targets.
Comment:
as long as the resistance at 3294.00 is not surpassed, the risk of the break below 3245.00 remains high.
Supports and resistances:
3325.00
3315.00
3294.00
3268.49 Last
3245.00
3230.00
3215.00
Our preference:
short positions below 3294.00 with targets at 3245.00 & 3230.00 in extension.
Alternative scenario:
above 3294.00 look for further upside with 3315.00 & 3325.00 as targets.
Comment:
as long as the resistance at 3294.00 is not surpassed, the risk of the break below 3245.00 remains high.
Supports and resistances:
3325.00
3315.00
3294.00
3268.49 Last
3245.00
3230.00
3215.00
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