Gold Intraday: caution
Jul 1, 2025 11:14 PM
long positions above 3332.00 with targets at 3350.00 & 3357.00 in extension.
Pivot: 3332.00
Our preference:
long positions above 3332.00 with targets at 3350.00 & 3357.00 in extension.
Alternative scenario:
below 3332.00 look for further downside with 3320.00 & 3309.00 as targets.
Comment:
investors have to remain cautious since these levels may trigger profit taking.
Supports and resistances:
3365.00
3357.00
3350.00
3338.00 Last
3332.00
3320.00
3309.00
Our preference:
long positions above 3332.00 with targets at 3350.00 & 3357.00 in extension.
Alternative scenario:
below 3332.00 look for further downside with 3320.00 & 3309.00 as targets.
Comment:
investors have to remain cautious since these levels may trigger profit taking.
Supports and resistances:
3365.00
3357.00
3350.00
3338.00 Last
3332.00
3320.00
3309.00
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