Gold Intraday: bullish bias above 3355.00
Jun 5, 2025 1:39 AM
long positions above 3355.00 with targets at 3392.00 & 3408.00 in extension.
Pivot: 3355.00
Our preference:
long positions above 3355.00 with targets at 3392.00 & 3408.00 in extension.
Alternative scenario:
below 3355.00 look for further downside with 3343.00 & 3333.00 as targets.
Comment:
technically the RSI is above its neutrality area at 50.
Supports and resistances:
3428.00
3408.00
3392.00
3373.43 Last
3355.00
3343.00
3333.00
Our preference:
long positions above 3355.00 with targets at 3392.00 & 3408.00 in extension.
Alternative scenario:
below 3355.00 look for further downside with 3343.00 & 3333.00 as targets.
Comment:
technically the RSI is above its neutrality area at 50.
Supports and resistances:
3428.00
3408.00
3392.00
3373.43 Last
3355.00
3343.00
3333.00
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