Gold Intraday: consolidation in place
Jun 3, 2025 7:03 AM
short positions below 3378.00 with targets at 3345.00 & 3325.00 in extension.
Pivot: 3378.00
Our preference:
short positions below 3378.00 with targets at 3345.00 & 3325.00 in extension.
Alternative scenario:
above 3378.00 look for further upside with 3392.00 & 3405.00 as targets.
Comment:
the RSI is below its neutrality area at 50%
Supports and resistances:
3405.00
3392.00
3378.00
3358.59 Last
3345.00
3325.00
3300.00
Our preference:
short positions below 3378.00 with targets at 3345.00 & 3325.00 in extension.
Alternative scenario:
above 3378.00 look for further upside with 3392.00 & 3405.00 as targets.
Comment:
the RSI is below its neutrality area at 50%
Supports and resistances:
3405.00
3392.00
3378.00
3358.59 Last
3345.00
3325.00
3300.00
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