Gold Intraday: intraday support around 3374.00
Jun 18, 2025 7:06 AM
long positions above 3374.00 with targets at 3400.00 & 3410.00 in extension.
Pivot: 3374.00
Our preference:
long positions above 3374.00 with targets at 3400.00 & 3410.00 in extension.
Alternative scenario:
below 3374.00 look for further downside with 3360.00 & 3345.00 as targets.
Comment:
even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
3421.00
3410.00
3400.00
3382.28 Last
3374.00
3360.00
3345.00
Our preference:
long positions above 3374.00 with targets at 3400.00 & 3410.00 in extension.
Alternative scenario:
below 3374.00 look for further downside with 3360.00 & 3345.00 as targets.
Comment:
even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
3421.00
3410.00
3400.00
3382.28 Last
3374.00
3360.00
3345.00
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