Gold Intraday: key resistance at 3378.00
Jun 6, 2025 1:36 AM
short positions below 3378.00 with targets at 3349.00 & 3338.00 in extension.
Pivot: 3378.00
Our preference:
short positions below 3378.00 with targets at 3349.00 & 3338.00 in extension.
Alternative scenario:
above 3378.00 look for further upside with 3389.00 & 3403.00 as targets.
Comment:
as long as 3378.00 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
3403.00
3389.00
3378.00
3363.24 Last
3349.00
3338.00
3326.00
Our preference:
short positions below 3378.00 with targets at 3349.00 & 3338.00 in extension.
Alternative scenario:
above 3378.00 look for further upside with 3389.00 & 3403.00 as targets.
Comment:
as long as 3378.00 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
3403.00
3389.00
3378.00
3363.24 Last
3349.00
3338.00
3326.00
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