Gold Intraday: turning up
Jun 19, 2025 8:46 AM
long positions above 3347.00 with targets at 3400.00 & 3410.00 in extension.
Pivot: 3347.00
Our preference:
long positions above 3347.00 with targets at 3400.00 & 3410.00 in extension.
Alternative scenario:
below 3347.00 look for further downside with 3338.00 & 3320.00 as targets.
Comment:
a support base at 3347.00 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
3430.00
3410.00
3400.00
3364.89 Last
3347.00
3338.00
3320.00
Our preference:
long positions above 3347.00 with targets at 3400.00 & 3410.00 in extension.
Alternative scenario:
below 3347.00 look for further downside with 3338.00 & 3320.00 as targets.
Comment:
a support base at 3347.00 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
3430.00
3410.00
3400.00
3364.89 Last
3347.00
3338.00
3320.00
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