Gold Intraday: the bias remains bullish
Jul 23, 2025 3:14 AM
long positions above 3405.00 with targets at 3448.00 & 3460.00 in extension.
Pivot: 3405.00
Our preference:
long positions above 3405.00 with targets at 3448.00 & 3460.00 in extension.
Alternative scenario:
below 3405.00 look for further downside with 3383.00 & 3370.00 as targets.
Comment:
even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
3477.00
3460.00
3448.00
3423.29 Last
3405.00
3383.00
3370.00
Our preference:
long positions above 3405.00 with targets at 3448.00 & 3460.00 in extension.
Alternative scenario:
below 3405.00 look for further downside with 3383.00 & 3370.00 as targets.
Comment:
even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
3477.00
3460.00
3448.00
3423.29 Last
3405.00
3383.00
3370.00
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