Gold Intraday: key resistance at 3397.00
Jun 18, 2025 12:59 AM
short positions below 3397.00 with targets at 3375.00 & 3360.00 in extension.
Pivot: 3397.00
Our preference:
short positions below 3397.00 with targets at 3375.00 & 3360.00 in extension.
Alternative scenario:
above 3397.00 look for further upside with 3410.00 & 3421.00 as targets.
Comment:
the upward potential is likely to be limited by the resistance at 3397.00.
Supports and resistances:
3421.00
3410.00
3397.00
3386.49 Last
3375.00
3360.00
3345.00
Our preference:
short positions below 3397.00 with targets at 3375.00 & 3360.00 in extension.
Alternative scenario:
above 3397.00 look for further upside with 3410.00 & 3421.00 as targets.
Comment:
the upward potential is likely to be limited by the resistance at 3397.00.
Supports and resistances:
3421.00
3410.00
3397.00
3386.49 Last
3375.00
3360.00
3345.00
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