Gold Intraday: consolidation in place
Jun 23, 2025 9:25 AM
short positions below 3374.00 with targets at 3346.00 & 3340.00 in extension.
Pivot: 3374.00
Our preference:
short positions below 3374.00 with targets at 3346.00 & 3340.00 in extension.
Alternative scenario:
above 3374.00 look for further upside with 3388.00 & 3400.00 as targets.
Comment:
as long as the resistance at 3374.00 is not surpassed, the risk of the break below 3346.00 remains high.
Supports and resistances:
3400.00
3388.00
3374.00
3363.04 Last
3346.00
3340.00
3305.00
Our preference:
short positions below 3374.00 with targets at 3346.00 & 3340.00 in extension.
Alternative scenario:
above 3374.00 look for further upside with 3388.00 & 3400.00 as targets.
Comment:
as long as the resistance at 3374.00 is not surpassed, the risk of the break below 3346.00 remains high.
Supports and resistances:
3400.00
3388.00
3374.00
3363.04 Last
3346.00
3340.00
3305.00
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